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Ruben Harris (Career Karma), Shruti Gandhi (Array Ventures), Soraya Darabi & Marina Hadjipateras (TMV)
Hi all! Can you believe it's almost February? Anywho, in our last issue, we talked about wealth and asked 3 questions:
What’s your relationship with money?
What are your 2022 money goals?
What will happen when you achieve your money goals?
TL;DR, you’ll be on your way to good financial health if you have:
an emergency fund
money to pay for living expenses
AND some extra cash to save, spend, or invest
Let’s say you have extra cash and you want to invest it: many of you have reached out telling me "I want to invest. Where and what should I invest in, Lolita?" The answer is, "it depends." The first thing I advise you to do is to assess your financial health, keep your money goals in mind and do your research on your investment options because there are many. See a few investment categories below and figure out which are most aligned with you, your risk tolerance, and your money goals.
Less traditional (e.g., Web 3, Crypto, DAOs)
Private equity (e.g., startups, venture capital)
If investing in startups and venture capital interests you the most, you're in luck because that's what I do and I'll share what I know in the following issues.
I’ll leave you with this question for now: do you want to invest in startups, venture capital funds, both, or none of these?
Disclaimer: I share my perspective above and yet I’m not a licensed financial advisor and advise you to do your own due diligence before making any money moves.
Ben Horowitz & a16z team raised $9B for a16z’s venture, growth, and bio funds. Soraya Darabi and Marina Hadjipateras raised $64M for Trail Mix Ventures. Shruti Gandhi raised $56M for Array Ventures. Ruben Harris raised $40 M for Career Karma’s Series B (port co). Eunice Ajim raised $10M for Ajim Capital. Crystal Adesanya raised $4M for Kiira’s seed round. Henrique Dubugras and team for raising Brex’s (port co) Series D. Elle Bruno took over as Managing Director for Techstars Boulder.
Sponsored | SVB Startup Banking is a community of former founders, operators, and investors passionate about supporting founders on their path to success. Beyond banking, we work with early-stage founders to help them navigate the challenges of funding and scaling a startup from Day 1. Please reach out to connect with us! We'd love to learn more about what you're building and how we can help. - Rochelle & Vanessa
Elizabeth Yin | Aspiring and emerging GPs: read a thread about the realities of building a fund
Lolita Taub | GPs and emerging GPs: discover the fiscal impact of investing in a startup with a Cayman Holding + Delaware LLC structure
GP-LP Matching Tool | LPs: get thesis-aligned intros to underrepresented GPs
Startup-Investor Matching Tool | VCs: meet thesis-aligned underrepresented founders
Li Jin | Web3 curious founders: read an article about the disruptions Web3 may cause in the creator economy
Sahil Lavingia | Early-stage founders: listen to Sahil talk about community-driven companies on the Latitud podcast
Asking for a founder | Founders: get advice on being a first-time founder
LaaS | Underrepresented founders: get resources made for you
Sponsored | gener8tor is now accepting applications for its OnRamp Education and Workforce Innovation Accelerator, sponsored by the ECMC Group. Does your innovation startup need investment and concierge support to get to the next level? Applications are due February 14!
MuckerLab Accelerator | Founders: apply by 3/4 to get up to $175K in investment
Founders First | Chicago founders: apply by 2/4 to get up to $10K in grants
WBDC | Connecticut women founders: apply by 2/13 to get up to $10K 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
Drift | Site Leaders - Head of Product (Guadalajara, Mexico)
Elektra Health | Director of Growth Marketing (New York City, NYC)
Fun1st | Technical Co-founder (Remote, Global)
LaaS Co | Head of Partnerships and Sales (Remote, US)
LaaS Co | Chief Operating Officer (Remote, Global)
💥 See all open roles and post yours here.