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Initialized Capital restructures, and lets multiple partners go
Two partners, Jennifer Wolf and Jenny Fleiss have left Initialized with numerous other cuts across multiple teams.
Initialized Capital is restructuring its team to “ meet the moment ” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. Cyndi Reseburg, Intialized’s head of communications, declined to share how many people were let go and added that the company would not be commenting on any specific departures. Amidst the departures, Initialized announced that it has promoted three principals — Abdul Ly, Andrew Sather, and Zoe Perret — to partners.
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