Dana Iverson is a contributing writer at All Raise. Ian Rapaport a television analyst and pundit for National Football League (NFL) ( Source : instagram ). Thanks for being part of ours! } The pair hiked along rugged coastlines, through thick forests admiring all the beauty they witnessed. She is the first athlete ever to hit Forbes list of the Worlds Richest Self-Made Women. The ability to write bigger checks and the ability to lead seed rounds really enables us to deliver on our mission and to unlock value for our investors and open doors for founders, Williams says. The former world no one tennis player and winner of 23 grand slam singles titles, Serena Williams, has her name written in golden words in the history of world tennis. It is not us versus them. To raise a child it takes a village. Women of Power Summit Alison's role is Manager: There is no recent news or activity for this profile. Their most recent acquisition was on May 27, 2021, when Infinite Objects raised $6M.Serena Ventures has made 21 diversity investments. Serena Ventures. Algorithmic rank assigned to the top 100,000 most active Investors, The organization associated to the person's primary job, Where the person is located (e.g. Emma posted their first picture online on Valentine's in 2020. baseDivId: 'pb-slot-right-1', It is dominated by men who try to solve problems and fund innovation for a nation that is rich in socioeconomic diversity yet neither funders nor founders adequately represent our nation. The same goes for actor Michael Rapaport. "We know that what you're selling us at the pre-seed or seed probably isn't going to look like what the Series B investor sees at some level," she said. "The founder can't be doing everything," Stillman said. ABOUT divId: 'div-gpt-ad-rightrail-3', divId: 'div-gpt-ad-rightrail-1', aid: '782078', Below, Stillman explains how the firm evaluates prospective investments and what makes the winners stand out. Dog mom . Onstage at an event, Ms. Seidman-Becker said less than 2 percent of venture money went to women. Serena Ventures partner Alison Rapaport Stillman finds that VCs still ignore products and services made for audiences theyre not familiar with, even those representing massive markets. Alison Stillman Goes By Allison Stillman Nashville, TN Age: 67 Full Name: Allison Stillman Current Home Address: 5329 Old Village Rd Nashville TN 37211 The funds limited partners include Norwest Venture Partners, Capital G (Alphabets growth fund) and LionTree. I dont jump off buildings. Thats my job, to make the unfamiliar familiar she said. More than half of the firm's portfolio companies were founded by women, and more than three-fourths were founded by people from historically underrepresented backgrounds, according to the firm's website. One of my favorite parts about my job is the people I get to work with every day and how much I get to learn from Serena and from the team around us, Rapaport Stillman says. WebAlison Rapaport Stillman, Serena Ventures. That fact naturally attracts diverse deal flow, because founders identify with the investment team and see Serena Ventures as a safe place to share their vision. He has been in the industry for four decades. I just want people that believe in our mission and that want to be a part of something really amazing. The two lovebirds had a great time ice skating in Snowmass Village, Colorado. She is also disarmingly authentic. WebAlison Rapaport Stillman is a Founding General Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. . We dont fit the mold of venture.. Im more on the analytical side, the portfolio-construction side. Web2,862 Followers, 1,028 Following, 315 Posts - See Instagram photos and videos from Ali Jo Rapaport Stillman (@ali_jo_rap_stillman) Stillman said it scored companies in due diligence across a number of metrics. aid: '782078', As a world-class athlete, businesswoman, philanthropist and mother, Serena Williams knows what it takes to win. And that needs to happen across the board.. WebThe General partner is Alison Rapport Stillman. page_type: 'article', With my little experience in venture, I knew that I had to go in prepared and used all of my resources to get ready. A sample of the funds investments includes the following: Offers body products and shaving supplies at a fair price, without the pink tax. Dan Rapaport dad Marc works in real estate and serves as the head of Thorofare Capital, a mercantile real estate pawnbroker entity. It's not the only thing." kw: 'mandc,black-venture-capitalists,newsletter-lead,serena-ventures,serena-williams,vc', Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Entrepreneurs Summit According to her Linkedin profile, Alison is a financial expert and analyst whose job is to provide vast arrays of specualtions and predictions of the money market and help the company accordingly. Use tab to navigate through the menu items. Serena Ventures was about to announce a historic $111 million raise that would change the world. During this time, I got along really well with Carmelos business manager, Stuart Goldfarb, who saw that I understood how to work with sports talent and also had a deep understanding of the investment world, a rare combination of two very different skills sets. Subscribe to Newsletter Partner @Serenaventures. Plenty of its portfolio companies come from Silicon Valley, but two of its most recent investments came from North Carolina and Wisconsin. Founded in 2014 by tennis legend Serena Williams, Serena Ventures is an early-stage fund that embraces diverse founders and the ideas theyre serving up. This makes a lot of sense invest in what you know! and this attitude has led to White men receiving an overwhelming majority of venture capital funds. Serena Ventures most notable exits include The Wing and OLLY. tude.cmd.push(function() { As a Senior Associate, Veronica sources, conducts diligence, and provides portfolio support at Serena Ventures. WebAlison J. Rapaport, CFA, is a Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. tude.refreshAdsViaDivMappings([ { I was at a conference and Caryn Seidman-Becker, the founder of CLEAR, was on stage and she said less than 2% of all VC money goes to women. More generally, Serena Ventures also works with accelerators (including 500 Startups) and diversity-focused funds to source leads, and looks at opportunities that originate outside major startup hubs. "You want to do something that's going to make it easy for us to understand your business," Stillman said. Marc and Sheri Huttner Rapaport are the proud parents of Dan Rapaport who raised him in the serene setting of Los Angeles. ', Just like on the court, Williams is all about performance: I really wanted to spend time in creating something for that very reason, so when questions are asked its like, not only do we have answers, but we have exits and we have unicorns. At the start of February 2022, Emma and Dan travelled to Hualalai, Kona, in Hawaii. The firm, which announced an $111 million fund in March, already included a portfolio of 60 firms from Williams earliest investment activity; she wrote one of the first checks for Masterclass, and was also an early backer of Noom and Impossible Foods, among others. Right now, the firm is excited about companies that address aging. tude.cmd.push(function() { Tennis superstar Serena Williams has just announced that her venture capital firm,Serena Ventures, has raised $111 million dollars in an inaugural fund. Her Instagram feed is overflowing with many images capturing the cherished moments of their romantic love life. Serena Ventures' portfolio companies span a variety of industries, but Stillman said there were a few areas it had always been interested in. Anyone can read what you share. You just naturally wake up and you say, like, wow, 70% of my founders are women.. To raise a child it takes a village. Since 2014, Serena Ventures has championed founders whose perspectives and innovations level the playing field for women and people of color. Masthead. My path to Serena Ventures started with another sports superstar, ten-time NBA All-Star Carmelo Anthony. Dan with Alison, Robyn, Marc and Sheri celebrates Marc's birthday in Hawaii, February 2022 ( Source : instagram ). According to the National Venture Capital Association data, only 4% of the people who work in venture capital are Black. Stillman said it's especially important for founders to be self-aware enough to know when they need to hire employees. subcat: '', Moreover, Rapaport is also a former golf writer at Sports Illustrated and a staff writer for Golf Digest. Alison Stillman is a Managing Partner at Serena Ventures based in Sugar Land, Texas. Venture is one of the most inequitable places to work. Sitting in a room for six months brainstorming to find a white space with a huge market opportunity is not the way to build a company. For Williams, surrounding herself with other smart women was a no-brainer. When it comes to our team, thats what everyone is on board for and theyre really excited to help founders have an opportunity that they probably wouldnt have had before., The firms approach is to build a more inclusive future by investing in overlooked, underestimated, and fledgling markets.. After graduating from Harvard, Alison joined the Jefferies & Company as an banking analyst in June 2009. Kyra is the Operations Manager for Serena Ventures where she oversees the day-to-day operations for the team and helps manage LPs, Portfolio Founders, and prospective investment companies. Alison graduated magna cum laude from the University of divId: 'div-gpt-ad-rightrail-2', Upon learning that just two percent of funding goes to female founders, Williams made a strategic commitment to diversity and inclusion; today, 78 percent of founders backed by Serena Ventures are women or people of color. BE 100s Now, with funding from limited partners including Norwest, CapitalG, Kapor Foundation, and LionTree, among others, Serena Ventures will be able to take its investments to the next level. Serena Ventures Serena Williams launched Serena Ventures in 2014 and has invested in over 60 companies. The stats about the fund received by black women entrepreneurs in the recent years highlights the problem. Serena Ventures partner Alison Rapaport Stillman thinks VCs need to get out of their comfort zones. She earned Bachelor of Science degree in Finance & Operations from the campus. he wrote. Serena Williams, founding and managing partner at Serena Ventures and Alison Rapaport Stillman, founding and managing partner at Serena Ventures. The team also scores each prospective investment that makes it past the introductory rounds. WebThe General partner is Alison Rapport Stillman. My first time pitching was terrible. Every quarter, the team brainstorms sectors it wants to dive deeper into. Her partner Alison Rapaport Stillman backs Serena while stating that VCs ignore products and services made for audiences theyre unfamiliar with, even those representing massive markets with loyal customers. Dan and Emma enjoying photogenic landscape in Snowmass Village, Colorado, July 2021 ( Source : instagram ). It can be hard for founders to delegate. Her partner Alison Rapaport Stillman backs Serena while stating that VCs ignore products and services made for audiences theyre unfamiliar with, even those representing massive markets with loyal customers. }); window.tude = window.tude || { cmd: [] }; The founding partners of Serena Ventures are Ms. Williams and Alison Rapaport Stillman. Serena Ventures partner Alison Rapaport Stillman thinks VCs need to get out of their comfort zones. Yet, because of the areas they want to serve, Alison says they still naturally fund women, Black and Latinx founders. We are focusing not just on the people, but on the market. } To conclude, Serena Ventures will continue to invest in companies that embrace diverse leadership, individual empowerment, creativity, and opportunity and achieve its goal of making a difference. According to Zola, Dan and his future wife Emma have set their wedding date for June 10, 2023, in the scenic landscape of Chicago. You can also reach out to them oninfo@aysasia.com, Your email address will not be published. The FDA nears final approval on vaccines for young kids, women feel unprepared for menopause, and Zola adds a co-CEO. In October 2020, the duo enjoyed a family lunch with their parents at a cosy restaurant in LA, California. Sep 10, 2022, 7:00 AM Serena Williams and Alison Rapaport Stillman. "I am one proud little brother!!" We also want to see a founder who is self-aware. She has persevered to become one of the top tennis players in history with 23 Grand Slam titles. targeting: { Alison graduated from Harvard Business School in March 2018 ( Source : instagram ). I want to highlight that we do not invest in women and people of color to simply check a box, Rapaport Stillman told the online publication All Raise. Abena Anim-Somuah is a contributing writer at All Raise. tag: 'mandc,black-venture-capitalists,newsletter-lead,serena-ventures,serena-williams,vc', A week later, she asked me to come to her house and present some ideas to her. "It's a helpful tool for us. This mindset allows us to have a broad and holistic approach to invest in FinTech, Wellness, and everything in between. They had one problem: their brand didnt reflect who they were as a firm- or as people. They just share a same surname but have no family ties. But she still finds that VCs ignore products and services made for audiences theyre not familiar with, even those representing massive markets with loyal customers. Previously, Alison worked at J.P. Morgan Asset Management in Multi- Asset Solutions and led the development of the firms Alternative Beta offering. Besides, they have a pet dog named Bud, who has also been featured in most of her uploads. Serena Ventures was about to announce a historic $111 million raise that would change the world. Her partner Alison Rapaport Stillman backs Serena while stating that VCs ignore products and services made for audiences theyre unfamiliar with, even those representing massive markets with loyal customers. Alison Stillman has been with Serena Ventures for a few months and is in Owner What is Alison Stillman's role in Serena Ventures? Ms. Williams, who holds 23 Grand Slam tennis titles, was inspired by a talk between Caryn Seidman-Becker, the chief executive of the security company Clear, and Jamie Dimon, the head of JPMorgan Chase. SERENA VENTURES. The podcaster at Barstool Sports dedicated a tweet in April 2020 to appreciate Marc for everything he had done for Dan and a special gratification for introducing him to this beautiful game. Dan does not have a brother and Alison is his only sibling. Then to further intensify her business knowledge, she attended Harvard Buisness School in Boston, Massachusetts. If you have a cold inbound, you can find great opportunities, she says. Serena Ventures has made investments in over 30 companies across multiple industries, including Coinbase, Daily Harvest, and Billie to name a few. She works alongside the tennis superstar Serena Williams in overseeing the business and sourcing new investments. Inclusivity is a key factor for us, we analyze all aspects of a business with that lens, including who is on the team, who the target customers are, and what the price points look like. Dan does not have a brother and Alison is his only sibling. BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Privacy Policy He supports all aspects of existing deals through analysis, market research, competitive landscapes, financial modeling, and deal structuring. targeting: { General Partner Alison Rapaport Stillman, who majored in finance and operations at Wharton as an undergrad, has said people have finally realized that inequity exists in all aspects of life. WebAllison Stillman is the director of Aroma Blue, bringing aromatherapy to people in recovery. Learn more about the 20+ companies we've invested in and what's next.
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