Venture capitalist Jana Messerschmidt, talks with Recode's Kara Swisher about how she became a partner at Lightspeed and the co-founder of an all-female group of angel investors called #ANGELS. Messerschmidt previously worked at DivX, Netflix, and Twitter, and also discusses the early days of video streaming online and how Netflix timed the market perfectly. Plus: Why #ANGELS doesn't invest only in women, what made that collective different from traditional venture capital, and the urgent need to ensure that women have their fair share of equity in tech startups. Read a full transcript of this interview here. Featuring: Jana Messerschmidt (@janamal), partner, Lightspeed Venture Partners (@Lightspeedvp) and co-founder, #ANGELS (@hashtagangels) Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices