Carthy told Business Insider he is looking to hire a small team based on expertise and geographic markets. Carthy explained that the private tier model allows him to be more flexible with hiring and fundraising than a traditional venture capital firm, which can be"The space is just broadly undercapitalized," Carthy said."There are those that do get funding and played their cards right, but then there's nowhere to turn for a Series B.
Carthy said Intimate Capital will begin testing its thesis with investments in Series B rounds to help bridge the funding gap he described. Once the firm has made some successful returns, Carthy said he will start looking downstream to earlier rounds. "There is a Nespresso of sexual wellness, a Beats of sexual wellness, and a Lululemon of sexual wellness. We want to find them and capitalize them to create the breakthrough product that makes these brands into household names," Carthy said.
one should go after his passion
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