💁🏽‍♀️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 ➡️ https://medium.com/the-community-fund/from-the-hood-to-launching-a-fund-e169f62f7219

Aspiring VC resources ➡️ https://twitter.com/lolitataub/status/1000772156328820736?s=20 /6
You can follow @lolitataub.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.