🙌🏽 Community, Hispanic Heritage Month, Latinx, VC NPS, fundraising, and more

Lolita Taub
Oct 4, 2020

A bi-weekly newsletter of curated resources for early-stage founders, funders, and friends.

Welcome to Lolita’s Newsletter! We share up-to-date and nugget-sized practical resources and advice for early-stage founders, funders, and friends. We are at 4,687 members. To access exclusive content, office hours, join our Slack community, and get your pitch deck reviewed become an annual subscriber or gift a subscription.

“I would like to be remembered as someone who used whatever talent she had to do her work to the very best of her ability.” - Ruth Bader Ginsburg 💐 RIP


Thanks to the power of the community, in 2 weeks’ time, we had over 450 talented leaders apply to join The Community Fund’s team. Jesse and I started our selection process and are excited to bring in our 9 investment partner founding members to the fund.


Happy Hispanic Heritage Month Sept 15-October 15! Did you know…?

Latinx are the second-largest population in the United States. In 2001, Latinx founders made up 6.5% of all founders, while in 2019 we grew to 15% making us the fastest growing demographic launching companies.

What does Hispanic Heritage Month mean to you?

To me, it’s all about supporting the Latinx community and highlighting that there is a $1.4 Trillion market to capture by increasing the dollars going to Latinx founders and the number of Latinx check-writers.

Who are Latinx founders to watch?

Jessica Alba, Co-founder of The Honest Company (raised $503M)
Manny Medina, Co-founder of Outreach (raised $289M)
Elias Torres, Co-founder of Drift (raised $107M)
Beatriz Acevedo, CEO of Suma Wealth + Co-founder of mitú (raised $52M)

Who are Latinx investors to watch?

Samara Hernandez, Founding Partner, Chingona Ventures
Marcos Gonzalez, Founding & Managing Partner, VamosVentures
Miriam Rivera, Managing Director, Ulu Ventures
*Lolita Taub, Co-Founder and General Partner, The Community Fund

To learn about other top Latinx leaders visit my new friend Ricardo Garcia-Amayas’s site, Top 50 Latinx Tech Leaders. *Disclaimer: I’d say I’m biased on this one. 😉

✨ Lolita Taub
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ICYMI: Submit your co for investment consideration. Josh and I reached +1,000 startups + 9 checks at the Startup-Investor Matching Tool. I received the Stella Labs 2020 Triple Thread Award and the Baltimore Business Journal 2020 Leaders in Diversity Award. Inc shared my thoughts on funding.


Congrats!

Mercedes Bent for launching the Lightspeed 2020 Scout Class! Evgenia Plotnikova for raising $400M for Dawn Capital. Cindy Bi for raising $4M for CapitalX. Henri Pierre-Jacques for Harlem Capital’s rebrand and latest intern cohort. Arlan Hamilton, Jean Case, Cheryl Dorsey, Freada Kapor, Serena Williams for making Forbes Impact 50 List. Justin Kan for launching Goat Capital. Elizabeth Scallon for joining Amazon’s Alexa Fund. Arlan Hamilton, Christie Pitts, and Brittany Davis for celebrating Backstage Capital’s 5th birthday. Hassan Bhatti for ❄️ Snowflake’s IPO.


Funders

Fast Co | By ignoring this community, venture capitalists are missing out
Pitchbook | Diverse Managers spread message of fiduciary duty
NY Times | A Black Venture Capitalist Sees Challenges as an Investing Edge
Bessemer | Bessemer’s investment memos

Dorm Room Fund | Apply to join their team
EVCA| Find a VC job or internship

SVB | 9/3 Exploring a career in VC webinar


SPONSOR 🥁🥁🥁 Corigin Ventures announced their rebrand to (drum roll please) Alpaca VC. Their new name represents being there for the ups and downs of the startup journey. As former founders themselves, they believe in being one herd, one team, all grit, no BS. Check out their amazing new site and resources at alpaca.vc.


Founders

January Ventures | How to close a pre-seed round in a virtual world
Twitter | Communities for underestimated founders and investors
Gumroad | Build a Winning Pitch Deck
Investment Consideration | Submit your co to the Startup-Investor Matching Tool

Envision Accelerator | Apply to the first virtual led, student-built accelerator
Collab Capital | Apply to their 8-week program to help with growth + fundraising

Flybridge | 10/8 Learn how community can become your cos competitive edge


Friends

Anarghya Vardhana | Sourcing tips for investors
Elizabeth Yin | To do or not to do an accelerator


Money

Founder Grants | +80 grants for founders
Investors | Founders of Color friendly investors
Equity Crowdfunding | Raise up to $1 million on Republic
Non-dilutive capital | Create a profile to find non-dilutive capital on INTRO

Harlem Capital | Apply to the More Equity Pitch Competition for $25K
LTXFest | Apply to the El Poder del Pitch competition for $25K cash prizes


✨ 🙂 How can I help you? Find out in this ➡️ Notion page!