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Entrepreneurs have wide range of options for landing capital - Triangle Business Journal

Entrepreneurs have wide range of options for landing capital - Triangle Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Initialized VC Alda Leu Dennis Uses 'Rooney Rule' to Boost Diversity

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Initialized s Alda Leu Dennis told Insider she s liberal with taking pitches from founders from underrepresented backgrounds.
The percentage of US venture funding going to female founders dropped in 2020, according to Pitchbook.
50% of Initialized s partners are women, and the firm keeps a close eye on gender balance.
The venture capital market is ablaze with eye-popping deals these days but relatively few involve female founders. That doesn t sit well with Alda Leu Dennis, a general partner at early-stage venture firm Initialized Capital.
It s been personally very disappointing to see the number of female-backed businesses, given how hot the market has been, she said in an interview with Insider. It is distressing to me to see that. ....

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Former McDonald's CEO Don Thompson helped finance Beyond Meat and Farmer's Fridge. Now he wants to fund minority-owned startups | Illinois

Former McDonald's CEO Don Thompson helped finance Beyond Meat and Farmer's Fridge. Now he wants to fund minority-owned startups | Illinois
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InterPrivate II Acquisition Corp. Elects former Yahoo! President Susan Decker, Venture Capitalist Jeffrey Harris and ex-Citi Private Bank Chair Tracey Brophy Warson as Independent Directors

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NEW YORK, March 16, 2021 /PRNewswire/ InterPrivate II Acquisition Corp. (NYSE: IPVA.U) (NYSE: IPVA) (NYSE: IPVA WS) (the Company ) announced today that Susan L. Decker, Jeffrey Harris and Tracey Brophy Warson were appointed to the board of directors of the Company (the Board ) on March 4, 2021, in connection with the Company s initial public offering. Ms. Decker, Mr. Harris, and Ms. Warson are independent directors. InterPrivate II Acquisition Corp. is led by Chairman and CEO Ahmed Fattouh; Executive Vice Presidents Brian Pham and Alan Pinto; General Counsel Brandon Bentley; and Vice President James Pipe.
Susan L. Decker is the CEO and founder of Raftr, a trusted event and communications platform for college campuses. She also serves on the boards of directors of Berkshire Hathaway Corporation, Costco Wholesale Corporation, SurveyMonkey, Vail Resorts, Vox Media and Automattic, and she has previously served on the board ....

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Funding improves for Black and LatinX female founders but still lags

Funding for diverse female founders tripled, and the number of Black and Latinx women getting over a million in seed funding doubled. They still only account for 0.64% of all venture funding. ....

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