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What Do Industry Insiders Think Will Happen in VC in 2016?

Both Sides of the Table

Of course sentiment can swing wildly with new information but I set out to take the pulse of the market as we enter 2016. My conversations with LPs tell me that 2016 is one of their business calendars in years and unless we see an unexpected, sudden downturn expect the market size in 2016 to remain at current levels or increase.

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

It’s a new year – 2016. Most founders have a strong sense of what they’re trying to achieve. They hire their initial co-founders and early employees and everybody has a sense of “mission.” We tend to stick by founders in tough times and often roll up our sleeves in the darkest hours.

Insiders

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How entrepreneurs are building resilience in their communities

Young Leaders of the Americas Initiative

2016 YLAI Fellow Marco Mendieta works hard to develop the small-business community of Ecuador and regenerate the economy following the country’s devastating earthquake of 2016. Learn how other #YLAIStrong entrepreneurs are building their resilience and strengthening their businesses in the face of adversity.

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Empowering millennials in Peru to take action volunteering

Young Leaders of the Americas Initiative

Rosario Diaz Garavito, the founder of The Millennials Movement , didn’t look to be labeled as an entrepreneur and a leader in her community when she began her small social media movement promoting youth volunteerism in 2013. The recognition of the impact of her hard work came years later when she was accepted for the YLAI Fellowship in 2016.

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MAGIC Fund raises $30M to scale its global founders-backing-founders fund

TechCrunch

Influential entrepreneurs like Paul Graham and Naval Ravikant always preach the need for startups to have founders-turned-investors on their cap table. As Ravikant puts it, “founders want to know that the people they are taking money from have first-hand experience.” . MAGIC Fund has 12 founders who act as general partners.

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Google’s early-stage AI Fund Gradient Invests in Cake’s Open-Source AI Platform for All Businesses

American Entrepreneurship

Companies in every sector are investing in the latest technologies with an eye toward winning in their markets with AI, said Misha Herscu, CEO and co-founder of Cake. A seasoned entrepreneur and software engineer, he founded McCoy Medical Technologies in 2016 which was acquired two years later.

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Leave Your White Guy Behind

This is going to be BIG.

Unfortunately, one of the panelists, Skinny Girl vodka's Bethenny Frankel, told an African American founder in the audience that if she wanted to raise funding, that she should go out and hire a white guy to be the face of her business. Two of the female founders were white and two were of color.

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