🧨 The Great Wealth Transfer is here, explosive early-stage funding, investor lists, $7M+ in funding opportunities, and more

Lolita Taub
Nov 15, 2020

A bi-weekly newsletter of curated actionable resources for underestimated founders, funders, and friends.

Welcome to Lolita’s Newsletter! We share curated actionable resources for underestimated founders, funders, and friends. We are at 9,559 members. To give or get access to exclusive founder content, office hours, our Slack community, and get your pitch deck reviewed become an annual subscriber.

Stacey A (NowAccount), Miguel F (CapChase), Renata & Roseanne (Renegade)

COVID resulted in a recession but also added $13.5 Trillion in wealth; 70% of the gains went to the top 20% of earners and a third went to the top 1%. We need to work on financial equality. The Great Wealth Transfer has kicked off and it’s estimated that older generations will transfer $70 Trillion between 2018 to 2042. Expect increased financial risk-taking from heirs and more investors for founders, emerging managers, and beyond.

On a personal note, working on ourselves is hard. Just last week, my Recast Enablement Program Executive Coach challenged me to care only for Choco (my pup) and myself for 7 days. It made me cry, feel sad, and anxious. But, on the bright side, I feel stronger because I now know I need to:

If you feel uncomfortable with any or all of the topics listed above, you’re not alone. Josh and my mom felt discomfort too. In fact, it got Josh to think about his White Fragility and his role in a world where White Supremacy reigns. My mom came to terms with the fact that she pushed me, as a child, to assimilate to American culture (and put aside my Mexican and Indigenous culture) so I would be accepted and have a shot at the American dream. Breathe. There’s much to unpack there but the one clear takeaway is that talking about culture made us feel vulnerable and closer to each other.

We all have our differences but they don’t have to pull us apart. They can bring us together and help us, as a community, be the change we want to see in the world.

  • Community culture fam: If you’re in the US, I feel for you and want to remind you that it’s not weird that you prioritize being generous and helpful to others (no, it doesn’t mean you have a savior complex). Examples of countries with a collective culture include Japan, China, Korea, Taiwan, Venezuela, Guatemala, Indonesia, Ecuador, Argentina, Brazil, and India.

  • Individualism culture fam: I ask you to consider that those of us whose original culture is not of individualism struggle with conflicting values and appreciate your mindfulness of multiculturalismExamples of countries with an individualistic culture include the United States, Australia, United Kingdom, Canada, the Netherlands, New Zealand, Ireland, Germany, and South Africa.

PS Choco got extra treats, walks, cuddles, and a new squeaky duck toy. Also, Gen Z is using TikTok for resumes.

✨ Lolita Taub
twitter | lu.ma

ICYMI: Made the DTC Magazine Most Influencial People on Twitter List. Mentioned in CBInsights and WSJ. Startup-Investor Matching Tool's intros have led to 31 checks ($4M+ total value).


Congrats

Miguel Fernandez raised $125M for CapChase. Renata Quintini and Roseanne Wincek raised $100M for Renegade Partners. Stacey Abrams and Lara Hodgson raised $9.5M for NowAccount. Joanna Smith raised $8M for AllHere Education. Martina Welkhoff and Amy LaMeyer raised $5M for The WXR Fund. Danny Miller raised $3M for Spora Health. Richie Serna and Finix launched the Cap Table Coalition. Michelle Kennedy and Peanut launched the StartHER Fund.


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Funders

Both Sides | Emerging managers: 3 questions you should know the answers to

Forbes | Emerging managers: here are programs to get you to the next level

Startup-Investor Matching Tool | VCs: receive thesis-aligned customized deal flow

🌈 Are you an LP who wants to meet underrepresented GPs? Learn more about the GP-LP Matching Tool and sign-up to get intros.


SPONSORED Aspiring founders: are you interested in solving problems you're connected to but don't have an idea for a company yet? Our Founder Studio lets you explore problems and develop new impactful companies. We help you go from pre-idea to pilot in 3 months, then invest $20k to help you transition to building full-time.


Founders

lolitataub @lolitataub

💰Black founders: did you hear that @amazon launched a Black Business Accelerator? Amazon is committing $150M over the next 4 yrs to support thousands. Learn more below. aboutamazon.com/news/small-bus…

Amazon commits $150 million to empower Black entrepreneursAmazon’s new Black Business Accelerator provides access to capital, business guidance, mentorship, and marketing support to help Black business owners succeed as sellers in Amazon’s store.aboutamazon.com

July 10th 2021

6 Retweets22 Likes

Asking for a founder | Find VCs and angels investing in social impact startups

Asking for a founder | Find VCs for early-stage sustainability startups

Y Combinator | Free online co-founder matching program

📚 Want more resources? Here are courses + services for you.


SPONSORED Founders from programs like YC, Techstars, and On Deck use OnePager to share what they’re building with potential investors, hires, and clients. Try it for free!


Money

Meda | Founders of color: apply for a $1M pitch competition by 7/11 @ 8pm CT

Instacart | Black CPG founders: apply to participate in a $1M advertising initative

iFundWomen | Female entertainment founders: apply for $10K grants

Lightship Capital | Founders: apply to Twitch Pitch for $5K and Amazon credits

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

👋🏽 Want investor intros? Sign-up for The Startup-Investor Matching Tool and, if you founded a community-driven co, submit to The Community Fund.


Jobs

Space Soft Inc | Product Design > Remote

Ayana Therapy | Marketing and Social Media Intern > Remote

Investment Analyst | Senior Associate > San Francisco, CA

💥 See all open roles here. 💥

💼 Want to post OR find a job? Visit Lolita Jobs, a board for jobs at companies founded & led by underestimated founders, here


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