Chelsea is an investor at Equal Ventures, where she focuses on supply chain and ecommerce. Previously, she was at L.E.K. Consulting, a strategy consulting firm, where she focused on advising corporations and private equity firms on growth and M&A strategy within consumer retail. On secondment from L.E.K., she worked on the Museum team at the Obama Foundation to help build the new Obama Presidential Center. Chelsea first encountered venture in college, when she took a year off to work at a VC-backed company in the kids’ media space.
Chelsea started her Equal journey as an MBA intern during her first year at Wharton and graduated from the University of Chicago with an Economics BA. She splits her spare time between lurking on sports Twitter, consuming sci-fi novels, and getting to Inbox Zero.
Equal’s POV on Investing in Retail
Today, we’re publishing the last of Equal’s Product Owner perspectives on retail, a sector that makes up almost 20% of U.S. GDP (see previous posts on supply chain, insurance, and climate). Despite a massive TAM, the sector’s structurally low margins suggest that not only is getting to economies of scale critical, but also investment into technology is limited. These dynamics set the stage for the current state of investing within retail:
Equal’s POV on Investing in Supply Chain & Logistics
As part of Equal’s AGM this year, the Equal Product Owners did mini deep dives into the current investment landscape of our various sectors (see Adam’s great post on insurance and Simran’s on climate). Today, it’s my turn to share our thoughts on a sector that came en vogue in a major way in the last few years — supply chain & logistics: