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Bringing you real-world experiences, tools, and insights from changemakers who’ve challenged the status quo and are now doing things they once thought impossible.
StitchCrew Podcast #15 Ben Bayat & Nitin Pachisia, Venture Capitalists
Venture capital has been a highly visible part of the growth of many well-known companies like Google, Amazon, Facebook, Rent the Runway, 23andMe among many others. While VC has been very helpful for some, the industry is focused on a small percentage of businesses with high growth potential. In fact only 0.6% of businesses ever raise VC. It's also very concentrated. Out of all the venture capital spent, 78% is spent in 3 states NY, MA + CA. As these areas become more and more saturated, venture capitalists are starting to pay attention to startups located outside traditional tech hubs. Last week, we hosted a fireside chat with 2 of these venture capitalists who are traveling across the country to meet with entrepreneurs, investors and key stakeholders in the startup community. Join us as we talk startups and early stage investing with Nitin Pachisia, Founding Partner of Unshackled Ventures, a Venture Firm that recently raised its second $20M fund and is investing exclusively in immigrant founders, and Ben Bayat, Managing Partner of NextGen Venture Partners, a network-driven venture capital fund whose latest fund is $60M
StitchCrew Change Makers Podcast EP 14
Access to capital continues to be one the main barriers to entry for entrepreneurs. With 80% of startups never accessing traditional loans and less than 0.6% ever accessing venture capital funds, entrepreneurs are struggling to find financial resources to launch and scale their companies. This is particularly true for entrepreneurs of color and female entrepreneurs. Join us as we talk to Kevin Moore, Partner at Spur Capital, a venture capital funds of funds and author of Starting Your Own Venture Investment Fund: A How to Guide.
StitchCrew Podcast #13: Sean Akadiri - Founder of AgBoost
Since the world’s population is expected to reach 9 billion by 2050, there is renewed focus on how to create a food supply that can sustain this amount of people. Given the scrutiny that industrialized agriculture is responsible for a significant portion of greenhouse emissions, several food innovation startups are working on solutions that will enable the industry to meet future demand without destroying our planet. In fact, growing food in labs is now a thing. This process is often referred to as cellular agriculture, where researchers take stem cells from an animal and place it in a growing medium in a bioreactor to produce "cultured meat." While the science can't yet create the texture of a fine steak, processed meat such as burgers, chicken nuggets and meatballs are expected to be available on supermarket shelves in five years. But are consumers ready for this change? And how will the existing industry react? Given that the United States is the world's largest producer of beef and has the largest fed-cattle industry in the world Regardless of where the industry goes, there is no question that what we eat and where our foods come from has changed a lot over the last two decades and as a result, people are demanding more transparency from food and livestock producers. And while some startups are working on creating meat without using an animal, others are working to enable livestock produc