Are you an urban innovator (think Uber and Airbnb) trying to get your idea off the ground? A new nonprofit accelerator wants to help.
By Clara Brenner and Julie Lein (Co-Founders, Tumml)
Our company was born out of a women’s conference (no joke!). We founded Tumml in 2012 after working as co-directors of the MIT Sloan Women in Management Conference, the largest women’s event on campus that year, headlined by Marissa Mayer. We really loved working together, so we began looking for other opportunities to partner with one other.
After the conference, we met with one of the speakers, a venture capitalist based in Silicon Valley, who was interested in investing in the next generation of urban innovators (think Uber and Airbnb). Her passion for the space piqued our interest
Revolution Foods joined the ICA Portfolio in 2005 with six employees operating out of a 1,000 square foot facility.
By Abby Bobé (Dual MBA & CS Candidate, Mills College)
With a track record of scaling businesses like Revolution Foods, Blue Bottle Company and Back to the Roots to well-known national organizations, Inner City Advisors is going “All Out” to convene 1000 of the Bay Area’s brightest entrepreneurial, philanthropic, and community-driven minds to solve the challenges that help Bay Area businesses scale up.
Meet the women entrepreneurs of Thryve, Foodily, Local Dirt, Cookooree, Revolution Foods and more.
By Blake Landau (Blogger, What’s Your Story)
I have a secret for you. There’s a lot going on in Oakland — job creation, innovation and economic growth. The businesses promoted in local events are uplifting the Oakland economy and enjoying all the benefits of the Bay Area’s best kept secret.
The October 20 panel was produced and sponsored by DBL Investors, the only woman-owned VC firm in the U.S. Managing Partner Nancy Pfund did an elegant job of moderating the panel with five of the Oakland-based companies in their portfolio.
The panel sat on a dimly lit stage at the Fox Theater
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Last week, we saw a flurry of activity around a news article stating that DBL Investors is the only women-led VC firm in the United States. We asked Cynthia Ringo, Managing Partner at DBL Investors about it.
Cynthia Ringo: We know there are more women-led VC firms, and, If we don’t know them already, we love to know about them. Starvest, on the East Coast, also has significant assets under management, and a great track record. I’m not certain, but I believe the article was written on NVCA data, and we did not provide the headline. We know there are other women-led funds, but clearly still few enough to be notable.
By Emily Goligoski (Contributing Writer, Women 2.0)
Educational tech startups, take note: while your accomplishments in both social benefits and development breakthroughs may be massive, you have quite a few calls to make about financial and employee reward models on your way there. Such was the takeaway at “Inside the Entrepreneur’s Studio,” a breakout at the New School Venture Fund Summit this week. Words to the wise included:
Decide whether to operate for profit or not-for-profit (do note that these are different structures and don’t just refer to your first year performance). Greg Gunn, co-founder of education software company Wireless Generation, asked entrepreneurs to consider whether private or foundation capital will be more attainable based on their missions. Gunn had to consider which would allow his company to bring on the technical talent it needed when is started to build larger data systems. “Programmers are used to being compensated with equity packages and significant salaries,” he reminded participants. What to do? Figure out what else—including valuable industry introductions and merit-based rewards–to offer employees when cash isn’t as readily available as you might like.