Raising Venture Capital in 2024: Targeting the Right Investors 

Man shaking woman's hand in front of screen with presentation

Despite an uptick in venture capital investments in Q1 of 2024, the fundraising climate continues to be challenging as the great reset continues from the hysteria that peaked in 2021. As deals continue to happen more slowly than in the previous decade and the bar for what investors look for at these stages has changed, … more

A Booming 2020

In a way, 2020 was set in motion for us at Beta Boom on Friday, October 25, 2019. Sergio and I were in the Bay Area for SOCAP and at the end of an exciting and tiring week, we were driving up to Napa to see our good friends Dan and Estrella. I vividly remember … more

SureShow: Solving the $16B No-Show Problem

One in four medical appointments ends in a “no-show.” Financially, that’s a $16 billion loss annually to health clinics and hospitals not to mention the human and hidden costs associated with interrupted care as a result of missed appointments. SureShow is a patent-pending solution that replaces no-shows with billable telehealth visits resulting in better continuity of care as well as increased revenue for medical practices.

Announcing the Teams of the 2020 Women’s Startup Academy

This year’s Startup Academy includes four inspiring women-led startups that are bringing a bright light to society in this dark time. These inspiring teams are making people’s lives better in many ways: bringing authentic video content that celebrates the true diversity of multicultural people across the globe; helping people find connection and companionship in a … more

Ashlee Ammons of Mixtroz on conquering the fear of starting over

In 2014, Ashlee Ammons was living a comfortable life in New York City, producing celebrity driven events and working in brand marketing. She’s close with her mom, Kerry Shrader, and one day Ashlee called to vent about an awkward experience she’d had at a conference mixer. The two women realized that, despite having strong networks … more

A Look Back at our SOCAP Diversity & Impact Gathering

As we enter the winter season approaching the end of the year, we wanted to reflect on one of the highlights of the previous season. In October, we attended SOCAP19 in San Francisco. As every year, this impact investing conference created an amazing space for connecting to other change-makers, sharing information and hearing from industry … more

Founder Spotlight: Cindy Mi of VIPKid

Here in the US, the fable of the dropout-turned-tech-billionaire is a familiar one. But it doesn’t usually bring to mind a young Chinese woman reinventing her country’s foreign-language education system. Meet Cindy Mi, the 35-year-old founder and CEO of the online teaching platform VIPKid, who’s bringing new life–and considerable business savvy–to the bootstrap stereotype. Hailing … more

Diversity as a Driver For Innovation

Yes, it actually does matter

Photo by Alex Holyoake on Unsplash

It’s 2019 and people still treat diversity building in their organization as a checking-the-box exercise. If you are still applying the Rooney Rule or saying things like “we need to fill our quota,” you’re getting it all wrong.

What do I mean by diversity? I’m not just talking about the obvious gender and ethnic diversity, I’m also referring to diversity of thought that is born out of having different experiences: education, work experiences and life experiences.

The data is compounding showing that diversity yields better performance and better innovation. From the board level to workforce composition, the yields are higher and challenging thought yields higher performance and more novel outputs.

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It’s Time for Tech to Step Up

There are many sad truths about the state of tech today: It is still an industry that is not inclusive to minorities and women (with job requisites even asking for “Caucasian only” applicants) The ‘grow at all costs’ has led to extreme waste and unsustainable practices which sometimes leave public markets holding the bag of … more

The importance of depth in a tech startup ecosystem

Kauffman Foundation, SURGE, Blink, Global Entrepreneurship Network (Startup Genome), among others all offer individual rankings for the entrepreneurial ecosystems across various regions. Each includes a measure of the density of either high-growth companies or mature ones. The fact is both are important indicators that can also influence another metric — the quality and strength of the workforce.

Given that workers currently spend a median of 4.6 years at a given job (and for ages 25-34 only 3.2 years), in deciding to relocate for a specific opportunity, people often look at what their next jobs may may be within that market. A tipping point occurs for many growing ecosystems such as Chicago and Austin such that there are so many opportunities that attracting talent becomes easier and the population growth accelerates. These opportunities need not only be within startups but often include more mature businesses as well. The transference of work talent spills over in both directions and they catalyze each other.

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Founders building partnerships

Being an early founder means having to set vision, inspire, delegate, sell constantly, build trust, and play many, many, many roles in between. One role that is latent but extremely important is that of choosing partners. It is an important role that can make or break companies.

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The Leaky Bucket and the Tech Pipeline Issue

Leaky Tech Bucket and Pipeline

The leaky tech pipeline issue has been well documented and largely acknowledged by the industry. As various companies struggle with how to attract more women and minorities in their hiring process and how to train their personnel in “tolerance” (please don’t call it this!), I’d propose that we examine this problem through the lens of growth hacking as I think there is much to be learned from this approach. In essence, the problem that growth hackers are trying to solve is identical: how do you attract and keep people using your product? The question that executives at tech companies ask is similar: how do you attract and maintain a diverse workforce?

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