Boston-based venture capital firm, Underscore VC, sees a change in leadership roles as Lily Lyman steps up to the helm. Known for her dedication to enterprise startups, Lyman will be filling in the shoes of Michael Skok, who transitions into guiding the firm’s investment strategy, continuing his role as a Founding Partner.
Lyman brings new energy into the firm, especially known for her vision in fostering early-stage companies. Her collaborative spirit and operative skills will push forward Underscore VC’s goal of supporting innovative and emerging businesses. Skok’s CFO skills and vast experience remain an integral part of steering their investments into profitable paths.
Despite being relatively unheard of in Silicon Valley, Lyman is a force to be reckoned with in the initial phase investment arena. Transitioning into venture capital following her impactful stint with various telecommunications firms, she’s carved an impressive niche for herself in early-stage investing.
During her tenure at Underscore VC, Lyman has significantly increased the user base and bolstered her reputation as an advocate for software startups. New user acquisition strategies has led to higher profitability. Startups such as Hi Marley, Goldcast, and Slang.ai have witnessed substantial growth under her leadership.
Underscore VC, under operation for nine years, is currently undergoing major changes. With Skok stepping back, Lyman is tasked with shaping the future direction of the firm. Her leadership is expected to steer Underscore VC to greater heights. She will drive strategy and expansion, building upon the solid foundation laid by her predecessor. This transition opens up new avenues for growth and innovation, underscoring the firm’s commitment to its clients and partners.
In her new position, Lyman is poised to leverage her leadership skills and boost Underscore VC’s reputation. Skok’s expression of trust in her abilities elucidates, “You don’t assign leadership, you recognize it. And Lily is the recognized leader.” This points to a pivotal period for Lyman and the venture capital firm, with hopes of reinforcing their standing and promoting Boston’s entrepreneurial spirit.
