💸 $100M+ fundraises, startups are raising more but not women, #stopasianhate, Crypto, Lolita Coin
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 7,533 members. To access exclusive content, office hours, join our Slack community, and get your pitch deck reviewed become an annual subscriber.
It’s sad to see that women are raising less (-22% YoY) and Asian hate crimes continue. On the bright side, allies are banding together to #stopasianhate and alternative fundraising options are popping up that allow underestimated founders to fundraise more easily. Also, Toyin Ajayi, Henri Pierre-Jacques, and Marlon Nichols raised $100M+ for City Block Health, Harlem Capital, & Mac Venture Capital!
Finance, blockchain, and community are top of mind. Cendana is making investing in nano funds look cool. Visa, PayPal & Morgan Stanley are adopting crypto. NFTs are fun but so are coins (there's a Lolita coin)! And did you hear that community-driven co Discord could be acquired for $10B?
PS I’ll be a bit MIA because I’m taking care of my mom post-surgery.
: I received the
Investor of the Year Award & made
's Black & Latinx VCs to Know list. The
Startup-Investor Matching Tool
intros has resulted in
23 checks ($3.8M+!)
Kelauni Jasmyn for raising $50M for Black Tech Nation. Nisha Dua and Susan Lyne for raising $50M for BBG Ventures. Erik Torenberg for raising $20M for On Deck (portfolio company). Arlan Hamilton for raising $5M for Backstage Capital. Kameale Christinia and Evette Ellis for raising $2.75M for Charger Help. Jon Gosier for raising $2M for Film Hedge. Aileen Lee, Chip Hazard, Gale Wilkinson, Kirsten Green, Sheel Mohnot and Jesse Draper for making Business Insider’s Seed 100: The best early-stage investors list.
Founders: every year, the government sets aside $150B in tax credits. MainStreet plugs directly into your payroll system and checks for 200+ credits every month. We’ve helped startups claim $80M+ the last year alone, and it’s free to see how much you’re owed. On average, we are saving founders $51,040! Learn more
Pitchbook | Read the business case for investing in emerging fund managers
Ariana Thacker | Review 25 lessons this GP learned while fundraising amid COVID
Startup-Investor Matching Tool | Receive thesis-aligned and customized deal flow
Want to invest in women and people of color emerging fund managers?
Are you a Black Founder building a scalable company that rejuvenates your community? Genius Guild is a business creation platform that is supporting high growth Black Entrepreneurs. Learn more
Angel List | Read about this roll-up vehicle that only takes 1-line on cap tables
Open Axis | Learn about where underestimated founders are getting funding
Lolita Taub | Review this 500+ accelerator and incubator airtable
EdTech and Future of Work startups: apply for the summer 2021 OnRamp Education & Workforce Innovation Accelerator and Conference. Applications are due by April 12, 2021. Learn more
Visible Hands | Aspiring founders apply by 5/7 to this fellowship & get $200K
digitalundivided | Black + Latinx founders apply by 4/12 to this fellowship & get $5K
Mic | Get funding from these 9 BIPOC ally organizations and funds
Equity Crowdfunding | Raise up to $5 million
Non-dilutive capital | Create a profile to find non-dilutive capital
👋🏽 Want investor intros?
Submit your co to
The Startup-Investor Matching Tool
The Community | Get this 200+ Community-Driven Founder Resource Guide
Anna Grigoryan | Learn how to engage with different community member types
The Community Fund | Get a TCF behind-the-scenes on the last 6 months
🙌🏽 Building a community-driven co?
Submit your co to
The Community Fund