Erin and Sara Foster, the sisters behind Oversubscribed Ventures, have been making waves in the tech and entertainment industries with their unique approach to investing and storytelling. As creatives first and tech industry investors second, they have built a reputation for being authentic, honest, and innovative. In this article, we will delve into their background, their approach to investing, and their latest project, "Nobody Wants This," a romantic comedy series that has captured the hearts of audiences.
A Creative Background
Erin and Sara Foster come from a creative background. They co founded the clothing line Favorite Daughter and have worked together on various projects, including co leading creative for Bumble Bizz and Bumble BFF. Erin Foster, a TV writer, created the top Netflix show "Nobody Wants This," starring Kristen Bell. Sara Foster has also written for various TV shows and has worked as a creative consultant for several brands. Their creative expertise has given them an edge in the tech industry, allowing them to approach investing with a unique perspective.
Oversubscribed Ventures
Oversubscribed Ventures is a VC firm that focuses on consumer tech companies. The sisters co founded the firm with the intention of bringing their creative expertise to the tech industry. They have invested in several companies, including the NFT marketplace OpenSea and a boxed wine startup. Their approach to investing is centered around their passion for storytelling and their desire to support companies that are solving real world problems.
A Reluctance to Invest in AI
In a recent interview, Erin and Sara Foster expressed their reluctance to invest in AI. Erin Foster stated that she has used ChatGPT in the writers' room to come up with ideas, but emphasized that AI can't replace human creativity. Sara Foster added that while AI can be useful, it's not a solution for every problem. Their reluctance to invest in AI stems from their desire to support companies that are creating value through human ingenuity and creativity.
"Nobody Wants This"
"Nobody Wants This" is a romantic comedy series created by Erin Foster. The show follows the story of a woman who is navigating the challenges of modern dating. The show has received critical acclaim for its witty dialogue and relatable characters. Erin Foster drew inspiration from her own experiences with dating and relationships. The show features a talented ensemble cast, including Kristen Bell, who plays the lead role.
A Flywheel Approach to Investing
Oversubscribed Ventures takes a flywheel approach to investing. The sisters believe that investing is not just about writing a check; it's about building a relationship with the founders and supporting them throughout their journey. They offer a range of services, including mentorship, networking, and creative consulting. Their approach has attracted a loyal following of founders who appreciate their unique perspective and hands on approach.
A Unique Perspective on Consumer Tech
Erin and Sara Foster bring a unique perspective to consumer tech investing. Their creative background gives them an edge in identifying companies that are solving real world problems. They are passionate about supporting companies that are creating value through human ingenuity and creativity. Their approach to investing is centered around their desire to tell stories that inspire and educate.
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