🥳 Powerball winner, startups to follow, Twitter, what to do before Thanksgiving, fundraising, money, and more

Lolita Taub
Nov 13, 2022

This is a bi-weekly newsletter of curated actionable insights and resources for underestimated founders, funders, and friends. We're 18,105 strong and growing.


Act of kindness: Give a hand to those who have lost their jobs by hiring/referring them, endorsing their skills or writing recommendations on LinkedIn.

🚨 Job alert: I'm looking for an EA. Learn more about the role and apply here!


Maxeme Tuchman (Caribu), Deborah Gladney & Angela Muhwezi-Hall (WorkTorch), Vedika Jain (Weekend Fund)

Happy Sunday! Have you heard about lab-grown blood being a real thing, Tropicana's “perfect” mimosa maker, and the $2B Powerball winner?! Josh and I bought a few tickets and won $8. lol. And, if you’re wondering “what’s happening at Twitter and what needs to get done by Thanksgiving?” you’re not alone. Let’s address both things head-on.

Explore Twitter alternatives. If you know me, you know Twitter is my second home. With Elon Musk being who he is and doing what he is doing at Twitter, there is a concern about who will stay or leave the platform. Based on my poll, 90% of you will stick around, and yet, I think it’s a good idea to think about other platforms. Most of us have heard of Mastodon but considering the largest percentage of you said you also like LinkedIn, I’m thinking: let's be more active there.

Get as much done before Thanksgiving. The holiday is around the corner, and as with every year, we should expect a slowdown in business activities. Most people are burnt out, totally over the economy, etc., and want to take a breather from net new tasks. Expect that post the holiday, most will be wrapping up outstanding items (e.g., tasks, deals) and starting to plan for 2023. That’s the word on the street.

Consider practicing self-gratitude. Whether you celebrate Thanksgiving or not, definitely take a moment to inhale-exhale and know many people are grateful for your existence (including me)! Maybe even try this self-gratitude meditation. BTW, if you’re feeling a little (or a lot) off, the moon may have something to do with it.

Sending you much gratitude and positive vibes!

✨ Lolita Taub, GP at Ganas Ventures | twitter | luma 
Recently in NasdaqWe All Grow Latina, and PR Wire


Congrats

Ganas Ventures for investing in our 5th investment and opening apps thru December 9th for our scout pilot program! Deborah Gladney and Angela Muhwezi-Hall raised $2.2M for WorkTorch’s seed round. Vedika Jain is now a Partner at Weekend Fund. Regina Zurutuza and Damaris Mendoza Loera are 500LatAm’s newest Partners. Maria Salamanca was elected as Florida's Orange County School Board Member, making her the youngest member and the only LGBTQ+ member and Latina on board. Caribu, founded by Maxeme Tuchman was acquired by Mattel.


Sponsored | On Deck Founders (ODF) is an invite-only community for early-stage founders who want to find a co-founder, validate an idea, or build traction towards a fundraise. ODF founders have gone on to build 1,000+ companies valued at over $9 Billion. Limited spots are available for the next cohort kicking off in early January.


Funders

Asking for a funder | meet the pre-seed startups you should be following

Asking for a funder | read about reasonable US seed post-money valuations

Asking for a funder | decide whether to get Twitter Blue or not

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


Sponsored | Founders: avoid huge law firm costs and the risks of DIY legal forms - launch your startup with a solid legal foundation by using StartupProgram.com. And now get 25% off our online classes for entrepreneurs with promo code LOLITA25!


Founders

Asking for a founder | know your runway and work on extending it

Asking for a founder | decide whether to crowdfund or not

Crunchbase | get the stats on dollars going into angel and seed rounds

Pitchbook | learn about how many startups have gotten funding this year

LaaS | Underrepresented founders: get resources made for you


Sponsored | Austin founders, funders, and friends! Ganas is in town for AfroTech x Austin Startup Week, and you're welcome to join me for an informal startup & Twitter fam hang-out with the Capital Factory!


Money

SeekHer Foundation | Women founders: apply for $2K grants by 11/30

Startup Runway | Founders: apply for $10K grants by 12/15

Fearless Fund | Black women founders: apply for $10K grants

SoGal Foundation | Black women 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


Want more? Follow me @lolitataub, and let me know how I can help. Want to support our newsletter and get featured? Become a sponsor.