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You opened Urban Betty in 2005 and it’s been growing ever since. Green Circle Salons provide the world’s first sustainable salon solution to recover and repurpose beauty waste. Describe where the beauty industry as a whole is regarding sustainability and environmental concerns. 5000 list twice! . What drives you?
It feels a lot like NYC as a whole did back in 2005--a handful of relatively disconnected folks, a few marquee companies and a whole lot of pent up interest in doing something impactful in the local community. One of the best things any investor can do is to pull back from the day to day of getting pitches and think about high level trends.
When I came out of college LA Law was one of the most popular shows on TV and made being a lawyer sexy, so most of my peers made that career choice. They are frustrated by the past decade of subpar returns for the sector. The most recent report to weigh in on the troubles of the industry was produced by the esteemed Kauffman Foundation.
A: It is an honour to step into this role and have the opportunity to build on the legacy of our past decade and help forge the next one – given the urgent need we now have in the world for sustainable solutions. We’re excited to share that Tatiana Glad joins the Impact Hub global team as our new Executive Director. Why this role?
I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Raising money is hard. And when you’re relatively new to the process it’s easy to be confused by the process. There is all sorts of advice on the Internet about how to raise capital. Of course much of it is conflicting.
In addition to myself, our leadership team includes: – Yacov Nachmanovich, Partner, with more than 20 years of private equity experience, asset management and project development in the financial sector and retail. – Tom Dennedy, Partner and COO, who focuses on helping startups realize sustainable growth.
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