💲Ways to make money, exciting job board launch, rise in women, Black and Latino fund launches, finding your co-founder, the best marketing resources
A bi-weekly newsletter of curated actionable resources for underestimated founders, funders, and friends.
Welcome to Lolita’s Newsletter! We share curated actionable resources for underestimated founders, funders, and friends. We are at 8,221 members. To give or get access to exclusive founder content, office hours, our Slack community, and get your pitch deck reviewed become an annual subscriber.
Derek A (EngineEars), Babba R (Ceremonia), Jomayra H (Reach)
US taxes are due May 17th. And our (Josh included) accountant just asked that we ask for a tax return extension. Not cool, the IRS is already backed up on tax submissions and returns in the 29 million range! Uggh. On other money topics, Kirsten Green shared interesting market insights (we’re all becoming creators), Lenny Rachitsky tweeted 8 ways to make money, and Matt Zuvella listed the percentage platforms we’ll use to sell (like Substack ) will take from us. Twitter Tip Jar takes $0, though. Moving on, diets are trending. Why? My guess: we want to look good for our upcoming IRL events now that we don’t have to wear masks (if we’re vaccinated)! For now, I’ll stick to wearing my mask, catching up on the crypto-environmental drama (thanks Elon Musk for the entertainment), and tell you that I launched a Pallet job board to help underestimated-led companies find the talent they need! If you’re as excited as I am about it, read the deets on the job board here.
✨ Lolita Taub
ICYMI: I'm speaking at The Bridge Conference on 5/20 and doing an Elpha AMA on 5/28. Lightspeed did a featured on me. The Startup-Investor Matching Tool's intros have led to 25 checks ($3.9M!).
Congrats
Marco Gonzalez raised $50M for Vamos Ventures. Mike Asem raised $31.8M for M25. Kelli Nikole raised $20M for Sixty8 Capital. Paige Doherty did her $1.6M first close at Behind Genius Ventures. Clarence Bethea raised $18.2M for Upsie. Derek Ali raised $1M for EngineEars (port co). Babba Rivera raised $1M for Ceremonia (port co). Kerry Schrader and Ashlee Ammons raised $1M for Mixtroz. Chris Lyons made General Partner at a16z. Jomayra Herrera became Partner at Reach Capital. Jillian Williams joined Cowboy Ventures as a Principal. Eric Bahn, Elizabeth Yin, Shiyan Koh, and Brian Nichols launched Hustle Fund’s Angel Squad. Sydney Sykes launched the BLCKVC x Lightspeed Scout Program.
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Funders
Wall Street Journal | LPs: here’s why to invest in emerging fund managers
Magdalena Kala | Emerging fund managers: get inside the heads of LPs
Startup-Investor Matching Tool | VCs: receive thesis-aligned customized deal flow
🌈 Want to invest in women and people of color emerging fund managers? Sign-up here.
SPONSORED Are you a Black Founder building a scalable company that rejuvenates your community? Genius Guild is a business creation platform that is supporting high growth Black Entrepreneurs. Learn more here.
Founders
PI South LA | Get mentored at Forward’s VC-founder office hours on 5/18-20
Asking for a founder | Find your co-founders in these communities
Asking for a founder | Here’s where you can find the best marketing resources
📚 Want more resources? Here are courses + services for you.
Money
Startup Showdown | Tech founders: apply by 5/16 (today) to compete for $120K
Lightship Capital | Founders: apply to Twitch Pitch for $5K and Amazon credits
1863 Ventures | Black founders: apply to get a 3Rs $5K grant
Equity Crowdfunding | Raise up to $5 million
Non-dilutive capital | Create a profile to find non-dilutive capital
👋🏽 Want investor intros? Sign-up for The Startup-Investor Matching Tool and, if you founded a community-driven co, submit to The Community Fund.
SPONSORED Founders: every year, the government sets aside $150B in tax credits. MainStreet plugs directly into your payroll system and checks for 200+ credits every month. We’ve helped startups claim $80M+ the last year alone, and it’s free to see how much you’re owed. On average, we are saving founders $51,040! Learn more here.
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