Lolita Taub Profile picture
Sep 16, 2020 โ€ข 5 tweets โ€ข 3 min read โ€ข Read on X
๐Ÿ™๐Ÿฝ Thank you to the +450 community-centric talented individuals who applied for an investment partner role at thecommunity.vc!

We are grateful for your interest, time, and kind notes in support of our mission. @srcasm + I are excited to review apps!

Applicant stats ๐Ÿ‘‡๐Ÿฝ Image
For those curious about our selection process, here's the plan:
๐Ÿค“ review each application (+190K words)
โœ‰๏ธ send an application decision email early next week
๐ŸŽ‰ extend invites to the next round
๐Ÿš€ finalize the 9 new members of our Community Fund investment team

/2
โœจ The selection for the next round was difficult. We had to decline many talented applicants based on relative qualifications (described in the ๐Ÿงต below).

/3
๐ŸŽ‰ Congratulations to The Community Fundโ€™s investment partner applicants who have passed on to the next round! We will be reaching out to you soon, if we havenโ€™t already.

/4
๐Ÿ™Œ๐Ÿฝ To all: we need more + new voices in VC. Keep at it + keep us in your sphere. We'll be recruiting investment partners again in 2021.

Stay in the loop via our newsletter: thecommunity.vc

Supplement your VC knowledge w/these resources:
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More from @lolitataub

Mar 8, 2022
๐Ÿฅณ BIG NEWS! I launched @ganasvc, an early-stage fund investing in Web 2 & 3 community-driven cos in the US & LATAM.

And bc we want to create generational wealth in community, I want to invite you to invest & join the Ganas LP fam!

Learn more ๐Ÿ‘‰๐Ÿฝ bit.ly/GanasLPInterest Image
๐Ÿคท๐Ÿฝโ€โ™€๏ธ ๐–๐ก๐š๐ญ'๐ฌ ๐š ๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ-๐๐ซ๐ข๐ฏ๐ž๐ง ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ฒ? I've got you covered below.

๐Ÿ“ƒ Post lolitataub.medium.com/predictions-foโ€ฆ
๐Ÿ”ฅ Guide community-resources.softr.app
๐Ÿš€ Wiki notion.so/ganasvc/Communโ€ฆ
๐Ÿงต Thread Image
๐Ÿ’ฐ ๐–๐ก๐จ ๐๐จ ๐ฒ๐จ๐ฎ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ ๐ข๐ง ๐š๐ง๐ ๐ก๐จ๐ฐ ๐ฆ๐ฎ๐œ๐ก? We'll write $100K checks to early-stage founders con ganas and a big vision to address big problems in growing markets thru a sustainable go-to-community strategy.

๐Ÿ‘Š๐Ÿฝ "Con ganas" means...
Read 14 tweets
May 8, 2021
๐ŸŽ‰ I'm happy to announce that 24 underestimated founders will be receiving a free annual newsletter subscription, thanks to two sponsors: @GeniusGuild and @target!

Perks
๐Ÿ—žNewsletter
๐ŸงPitch deck review
๐Ÿ™Œ๐ŸฝMentor access
๐Ÿ’œCommunity
โ˜Ž๏ธMonthly calls
& more

lolitataub.substack.com
Read 4 tweets
Apr 25, 2021
1/ An underestimated founder is a founder that has the potential to build a successful company, a unicorn, but is overlooked by investors because she or he does not fit the stereotypical - cis-gendered-white-male-ivy-league-drop-out-who-worked-at-a-FAGMA-co-founder mold.
2/ When underestimated founders are seen and have the right support, magical things can happen. Take Tope, a Black man and founder of Calendly, for instance. He was underestimated for years and had VCs pass him up for funding, and later he became a unicorn.
3/ Imagine what would have happened if investors saw him for his potential from the beginning. They would have made loads more money and had their calendar in check for days.
Read 7 tweets
Apr 25, 2021
๐Ÿค” Asking for a founder: what are VCs looking for in a pitch deck?
1/ In this thread, I cover a list of the questions I personally like to see founders answer in their pitch decks:

โ†ณ Vision - how are you changing the world?
โ†ณ Market size - how big is the market + how much is it growing YoY? What are the market tailwinds?
2/ ...continued

โ†ณ Problem - what problem are you solving?
โ†ณ Solution - what's your solution to the prob in q3?
โ†ณ Competition/differentiation moat - who else is solving your problem and what sets your team's approach apart and makes it hard to replicate?
Read 6 tweets
Apr 23, 2021
๐Ÿค” Asking for a founder: what should founders know about how VCs work?
1/ VCs have fiduciary duties to their investors. That means that we have a financial responsibility to produce returns $$ for our investors. If we fail, that can mean the chopping block for our VC career. That makes us extra selective with what cos we invest in.
2/ VCs also need to fundraise. We also need to pitch potential investors to fund our funds. Existing funds, need to plan & fundraise in the middle of a fund's lifetime (which can range btwn 2 to +10 years) for the next fund. New fund managers are also raising.
Read 5 tweets
Apr 6, 2021
๐Ÿค” Asking for a founder: what's a realistic timeframe to get from an idea to an MVP?
1/You may be tempted to believe that a realistic timeframe is overnight. The truth is that it always takes longer and more capital than anyone originally thinks.
2/ Donโ€™t be fooled when you see Twitter/YouTube stories the story of the SF-well-connected founder who raised capital & built a team based on an idea written on a napkin. Thatโ€™s not what happens for most of us. Reality dictates that it takes a while to get from idea to MVP.
Read 4 tweets

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