💪🏾 Achieving financial health, realities for emerging GPs, the Web3 renaissance, and more

This is a bi-weekly newsletter of curated actionable insights and resources for underestimated founders, funders, and friends. We're 13,575 strong and growing.


ICYMI: Josh and I are headed to Chile next and here's why. If you're in Santiago in March, RSVP and join us for coffee!


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:

  1. What’s your relationship with money?

  2. What are your 2022 money goals?

  3. What will happen when you achieve your money goals?

TL;DR, you’ll be on your way to good financial health if you have:

  1. an emergency fund

  2. money to pay for living expenses

  3. 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.

  1. Traditional investment vehicles (e.g., stocks, bonds, mutual funds, and ETFs)

  2. Less traditional (e.g., Web 3, Crypto, DAOs)

  3. 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.

✨ Lolita Taub
twitter | lu.ma | Recently featured in Business Insider, Forbes, and Business Journal Austin.


Congrats

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


Funders

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


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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!


Money

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


Jobs

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.


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