💁🏽‍♀️Aspiring VCs who, like me, didn't come from money: today I was asked about my journey into VC and I want to share it with you. Why? Bc no matter what anyone says, I want you to know that it is very possible for you too to become an investor. /1
⏳TL;DR I'm a first-gen Mexican American from the hood. My background consists of ~15 yrs in tech. I went to college on a scholarship (and loans), graduated and worked in corporate tech, went to Silicon Valley and worked at startups, and then stumbled into VC. /2
💸It was going to Silicon Valley and learning of the opportunity to make money by investing in cos, and seeing that investors were leaving money on the table by not investing in non-cis-gendered-white-males, that got me thinking. /3
💪🏽As we head into a minority-majority country + acknowledge the trillions in purchasing power of non-white communities, it makes sense that to make $$s, more $$s must be invested in underestimated founders. For that, we need more check writers from underestimated communities. /4
👀Once I realized this, I focused on breaking into VC. I did my MBA and launched my VC career working for K Fund in Madrid and then Backstage here in the US. I became a check writer, writing checks into underestimated founders and the next step for me was to become a GP. /5
🐦 Along the way, I built a brand around supporting underestimated founders and a community on Twitter. That led to me co-founding The Community Fund where I invest in community-driven cos.

Rd more ➡️ medium.com/the-community-…

Aspiring VC resources ➡️ /6

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More from @lolitataub

10 Dec
🤔Investors + founders curious about the investor brand edge: brand is important because it allows people to know who to go to, for what + what they stand for. People buy from people they like and similarly, founders take money from investors they like. /1
💁🏽‍♀️ So, I’m intentional about sharing who I am, what I’m about, and what I can offer — outside of just money.

As my Twitter bio reads, I'm "about investing in community-driven cos + supporting our underestimated founder/investor fam." /2

twitter.com/lolitataub
📌 And I have a pinned tweet for founders to know how I can help them. This is important because, in a business where your competition offers the same thing, MONEY, you’ve got to be able to add value beyond it. /3

Read 4 tweets
28 Sep
💰Founders raising a Series A: one of my port cos is also working on their A and I thought I'd share perspective + tips I'm passing on to them.

/1
At a Series A, investors are looking for a co w/product-market-fit + hockey stick growth that will quickly achieve unicorn status (≥$1B valuation). Financials are key!

/2
Tell the Story

🔮Vision, Mission: consider problem, solution, benefits
🗓Why does the world need your co today (vs before)? Consider: COVID/WFH, etc.
📈Show you’re in a well-defined market that’s growing.

/3
Read 12 tweets
16 Sep
🙏🏽 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 👇🏽 Image
For those curious about our selection process, here's the plan:
🤓 review each application (+190K words)
✉️ send an application decision email early next week
🎉 extend invites to the next round
🚀 finalize the 9 new members of our Community Fund investment team

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

/3
Read 5 tweets
1 Sep
Investors/operators/founders: @srcasm + I launched The Community Fund! We’d 💜 for you to apply + become an investment partner. Due date: 9/15.

🧵Deets
✨ Ideal candidates
💜 Candidate characteristics
😎 Partner responsibilities
🤩 Benefits
📝 App

thecommunity.vc

/1 Image
Ideal candidates for the investment partner role would want to:

📈Establish an investor track record
👋🏽Work with other investors
👊🏽Change the status quo
😎Potentially launch a fund or pursue a VC career afterward

/2
We’re looking for investment partners who:

✨ Are community-centric, collaborative, transparent, scrappy
💯 Have differentiated deal flow
💸 Are already investing or would if capital was accessible
⏰ Have 2–4 hrs/per week to dedicate to the fund
🗓 Can commit for 1-yr

/3
Read 6 tweets
1 Sep
✨Remember when I asked if you wanted to see me lead a fund and over 700 of you said yes? Well…🧵

1/
🥳AWESOME NEWS! Today @srcasm + I soft-launched The Community Fund, a $5M fund focused on early-stage community driven-companies. Yeah, I'm a GP now! Thx all. 👏🏽👏🏽👏🏽

And, we’re looking for founding members for our investment team! Learn more + apply.

thecommunity.vc
/2
🦄 If you’re wondering what a community-driven co is, I’ve got you.

In the 🧵 below I share characteristics and list out how community is an awesome differentiator.
/3
Read 7 tweets

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