VCFamilia - Issue #1

07 Feb • Read in: 5 minutes

Welcome to our first issue of VCFamilia. This is currently slated to be biweekly to keep you in the know with everything going on in the Latinx community!

This newsletter, through Revue & Twitter, is mostly pictures so just scroll (phone friendly). Follow us on Twitter for job postings and real time news. Feel free to reach out with any feedback!

If you are a Latinx VC and would like to join the slack, please fill out this form. Feel free to join the Linkedin group that includes allies!

Coming Up

  • Join us Monday, Feb 8th at 7pm ET to demystify VC recruiting. Open to all but targeted for Latinx MBAs. With an all-star VCFamilia panel, this event will prioritize candid conversation. RSVP here and spread the word.

  • Black history is Latinx history. We are partnering with HBCUvc to highlight the AfroLatinx experience in VC. I'm sure you've seen that they are generally erased from the narrative. Join us February 18th at 7pm ET - you get access to early registration here by just being part of this newsletter!

Wepa! Community Wins

  • Marco Casas, principal at Alumni Ventures Group, wrote a white paper, "The Diversity Gap and Opportunity in Venture Capital" and demonstrates why investments in diverse founding teams might offer the chance for attractive gains.

  • Alejandro Guerrero became General Partner of Act One Ventures, a LA-based firm focused on B2B SaaS.

  • Congratulations to Kate Hernandez for becoming Partner at Detroit Venture Partners!

  • VamosVentures is one of 40 funds to receive a portion of the $150 million Bank of America committed to supporting to minority entrepreneurs and diverse fund managers, further expanding their impact in the Latinx community.

On June 2, Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity, of which $200 million was allocated to support Black, Hispanic-Latino, other under-represented minority and women entrepreneurs...

  • Lolita Taub and Cheryl Campos from The Community Fund announced their investment into Dame's $4M round through WWD!

  • Latina Venture Students (LVS) is building the first student community for Latinas in venture capital. The goal is to catapult more Latinas into investing careers to further diversify the startup ecosystem and improve business outcomes. Congratulations Ashley Aydin!

Primer Impacto

  • Monique Villa, leading the Mucker Capital office in Nashville, wrote in TechCrunch about how the future is outside the valley.

  • Taj Eldridge, Sr Director of Investment at LACI, got VCFamilia our first press mention in a major climate article:

As we finally put 2020 into hindsight, the road ahead is uncertain. On the one hand, stock markets continue to thrive, and the economy feels poised to come roaring back, fueled by a population…

Community Gatherings

  • VCFamilia came in January together to discuss the complexity of what it means to be Latinx / Latin@ / Latine / Hispanic / Spanish and how it affects our lives, identity, and the tech ecosystem. Most of all, we connected over our culture!