🤩 Outperforming VCs, opportunities in tumultuous times, lean ways to grow your SaaS audience, funding and more

Lolita Taub
Jul 10, 2022

This is a bi-weekly newsletter of curated actionable insights and resources for underestimated founders, funders, and friends. We're 16,248 strong and growing.


Jess Morales Rocketto and Stephanie Valencia (Latino Media Group), Yasmin Cruz Ferrine (Visible Hands VC), Marlon C Nichols (MaC Venture Capital)

👋🏽 Hi there! If you’ve been caught in the whirlwind of “the world is ending” and “it’s the best time to build,” you’re not alone. In times of change, people find it important to project their optimistic or pessimistic view of the world onto others. And it can get confusing because the people sharing their perspectives are people we may respect and have had past success. That said, it’s up to us, as individuals, to decide how we look at and operate in our life.

Personally, I choose to acknowledge what’s happening, make observations, and identify opportunities. Here’s an example of my process, and below are two others, with the goal to share a framework that can help you succeed.

📈 What’s happening: The US Federal Reserve is raising interest rates.

Observation: While the immediate impact of this is higher costs of borrowing (e.g., mortgages) and lower asset prices (e.g., stocks, homes), it also presents a great investment opportunity for those with cash on hand to accumulate wealth - i.e., now is the time to “buy low” to later on “sell high.”

Personal opportunities: For accredited investors/LPs interested in taking advantage of this investment opportunity -- but do not have the time, expertise, or access to execute on it -- it’s the best time for them to fund emerging funds like Ganas!

⛽️ What’s happening: Gas prices are at record high levels.

Observation: There have been shortages of oil, driven by oil companies cutting back on production since the start of COVID, oil pipeline issues in the US, and sanctions blocking the import of Russian oil. The reduced oil supply relative to demand has led to rising gas prices, which means employers can anticipate increased requests from employees for hybrid and remote work options.

Personal opportunity: It’s the best time for Ganas to invest in future of work companies that will make hybrid and remote work sustainable for all workers and will address challenges that come from this new way of working (e.g., decentralized workforce management, productivity, culture, mental health). And this is one reason why we're grateful for the opportunity to be on Around's cap table.

🤓 What are the biggest opportunities you see in this market and what are you doing to take advantage of them?

✨ Lolita Taub
twitter | lu.ma | Recently on the Nasdaq Tower, AP News, Forbes and Fast Company.

Disclaimer: I share my perspective above, but I’m not a licensed financial advisor and advise you to do your own research before making financial decisions.


Congrats

Marlon C. Nichols and team raised $203M for MaC Venture Capital’s Fund II. Jess Morales Rocketto and Stephanie Valencia raised $80M for Latino Media Group. Yasmin Cruz Ferrine and team raised $10.5M for Visible Hands VC’s Fund I. Melissa Hanna raised $9.2M for Mahmee’s Series A. Jasmine Crowe raised $8M for GoodrCo’s Series A. Jessica Anuna raised $4.5M for Klasha Cart’s Seed round. Maria Rotilu and Kirsten Connell launched Octopus Ventures.


Sponsored | Ready to accelerate your business to the next level in retail? Get connected to the Target Accelerators team whose mission is to engage founders who are looking to grow into mass retail through unmatched mentorship, comprehensive coursework, and collaborative cohorts.


Funders

First Republic | LPs: learn more about the benefits of investing in first-time funds in First Republic’s Survey Report

Francesco Perticarari | Emerging VCs: understand how new fund managers outperform existing VCs

Startup-Investor Matching Tool | VCs: meet thesis-aligned underrepresented founders

GP-LP Matching Tool | LPs: get thesis-aligned intros to underrepresented GPs


Sponsored | Ready to accelerate your business to the next level in retail? Get connected to the Target Accelerators team whose mission is to engage founders who are looking to grow into mass retail through unmatched mentorship, comprehensive coursework, and collaborative cohorts.


Founders

PitchBook | Founders raising seed rounds: check out the data on market corrections

Harlem Capital | LATAM founders: discover the women-founded startups that are paving the way for future LATAM women founders

Asking for a founder | SaaS founders: discover no-cost & low-cost solutions for growing your audience

LaaS | Underrepresented founders: get resources made for you


SponsoredSVB Startup Banking Whether it’s rethinking hiring plans, pivoting your go-to-market strategy or planning your next fundraise – the SVB Startup Banking team is here to support you. We are a team of former founders, operators and investors dedicated our clients’ success. Wherever you are in your startup journey, please reach out to us. We’re here to help. - RochelleVanessa


Money

TechCrunch | Founders: apply for $100k in prize money by 7/31

Fearless Fund | Black female founders: apply for $10-$20k in grants

SoGal Foundation | Black female founders: apply for $5-$10K in grants

1863 Ventures | Black founders: apply to get a 3Rs $5K grant

Non-dilutive capital | Create a profile to find non-dilutive capital

Equity Crowdfunding | Raise up to $5 million

Startup-Investor Matching Tool | Founders: get intros to investors


Jobs

Around | Product Design Lead (Mexico City, Mexico)

Ganas Ventures | PT Associate (Remote, US)

Ganas Ventures | PT Community Manager (Remote, US)

💥 See all open roles and post yours here.


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