FinTech news in Eric Bahn category

The firm uses its existing management fees to fund salaries and general fund operations, but then uses the supplemental revenue to scale. Hustle Fund, an early-stage-focused venture firm built by former 500 Startups partners Elizabeth Yin and Eric Bahn, is growing into its name. The fund is Hustle Fund biggest standalone investment vehicle to date, and propels the firm’s total AUM to more than $125 million. Not all of it has worked as hoped: Bahn admits that Hustle Fund used to run a revenue-based financing fund called Flywheel, but shut it down due to economics being too small.