Catharine Dockery on building a VC fund for vices

Her last job was technically for Walmart. Catharine Dockery, the founder of VC fund that specializes in vice, was chief of staff for Bonobos founder Andy Dunn. After Bonobos was bought by Walmart, she worked several months for the company that cared so much about maintaing a squeaky clean image it didn’t sell music with explicit lyrics in the 1990s.   

“It’s definitely a cultural shift,” she says. 

Dockery, who is 26 and lives in Brooklyn, started Vice Ventures in January. In just over six months, Vice Ventures has raised $25m and invested in several companies related to traditional “vice” industries that are spurned by many investment funds.