Debut Capital Launches Inaugural Investor-in-Residence Program with Powerful Class of Female Olympians and WNBA Athletes Including Sanya Richards-Ross, Lauryn Williams, Chelsea Gray and Lexie Brown
– Only 0.2% of VC partners are black or Latina women and this program of course aims to correct the lack of representation in the industry; at the end of the program, participants will have access to invest a total of $100,000 in startups –
MIAMI, February 8, 2022 /PRNewswire/ — Debut Capital, a venture capital firm that invests in Black, Latino and Indigenous (BLI) founders, has launched its first-ever BLI Women’s Investor-in-Residence Program to inspire those from from non-traditional investment backgrounds to have the confidence to become successful investors. The inaugural class is made up of professional athletes, including the four-time Olympic gold medalist in track and field Sanya Richards-Rossthree-time Olympic medalist in athletics lauryn williamsOlympic gold medalist, quadruple star and WNBA champion Chelsea Grayand 2021 WNBA champion Lexie Brown.
Only 0.2% of VC partners are black or Latina women
Participants in this first class will embark on an intensive 6-week program, learning from venture capital experts on topics ranging from deal flow generation and portfolio construction to post-investment support. Participants will take their investment thesis from ideology to realization and have access to invest a total of $100,000 in several startups. This first cohort focused on professional female athletes is a way to start bridging the gap between them and their male counterparts.
“The pay gap between female professional athletes and their male counterparts continues to grow,” says Pilar Johnson, co-founder and managing partner of Debut Capital. “The Debut Investor-In Residence program hopes to bridge the gap by providing a collaborative space for these female athletes to gain new learnings that can create generational wealth and inspire others.”
These celebrity athletes will not only bring their unique perspectives and passion to advancing Founder makeup change in the world of VC, but will also be founding members of the program who will help design the program for future cohorts.
“I’m thrilled to be the recipient of the resources that can be a real catalyst for change,” said lauryn williams, four-time Olympian. “Money is not something that is talked about positively in my community. Discussing higher level financial topics such as angel investing will give me the tools to have more productive conversations with the people I meet.”
Debut Capital is here to disrupt the venture capital world by providing capital and strategic advice to BLI founders and ultimately creating a more diverse venture capital ecosystem. Debut’s current portfolio includes Breakr, Loop, Squire, Somewhere Good, and more. To learn more about Debut Capital, please visit www.debutcapital.com or follow them on Twitter and Instagram @debutcapital. To learn more about the DiR program, please visit www.debutcapital.com/dir.
About Debut Capital
First capital is an early-stage venture capital firm focused on investing in Black, Latinx, and Indigenous (BLI) founders. Debut seeks companies and founders focused on a traditionally overlooked and underserved market within the pre-seed, seed, and Series A stages.
Pilar Johnsonco-founder and managing partner
Pilar Johnson is co-founder and managing partner of Debut Capital. Prior to Debut Capital, Pilar led operations at Prolific Interactive, including the implementation and strategy of diversity and inclusion for the business. Beyond D&I, Pilar has also led efforts in M&A, finance, and people operations. Pilar brings that experience and her passion for creating equitable and safe spaces for the Black, Latina, and Indigenous community to excel in Debut.
Bobak Emamienco-founder and managing partner
Bobak Emamien is an entrepreneur and co-founder of Debut Capital. Prior to Debut Capital, Bobak was co-founder and CEO of Prolific Interactive (acquired by WeWork in 2019), an award-winning, strategy-focused mobile product agency recognized as one of Inc’s fastest-growing private companies. . 500 and one of Crain’s Fast 50. Prolific has designed and built apps for companies like SoulCycle, Saks, Gap, and American Express.
Lexie Brown is a professional basketball player who is a member of the Chicago Sky Champions WNBA 2021. She is a graduate of duke university in 2018, with a bachelor’s degree in sociology and a graduate degree from the MMS program at the Fuqua School of Business. She is also a world traveler, playing on basketball teams in Hungary, Israeland France. Although her basketball career is still in its infancy, Lexie is also looking forward to branching out off the court.
Chelsea Nichelle Gray is an American professional basketball player for the Las Vegas Aces of the Women’s National Basketball Association. Chelsea is a four-time All star, WNBA champion and Olympic gold medalist. She is currently an investor and advisor in Barcode and HAELO, as well as other startups.
Sanya Richard Ross
Sanya Richards-Ross is the fastest American woman in history at 400 meters. She became the first American woman in 28 years, and only the second in history, to be crowned Olympic champion on 400m at the 2012 Games London. Passing her competitors in the last 50 meters of the race, Richards-Ross won her crown as queen of the 400 meters in spectacular fashion. the London The games also set the stage for Sanya to become the second most decorated female track and field Olympian of all time. By winning her 4th gold medal, after anchoring the 4x400m relay team to gold for the 3rd time in a row, Sanya firmly cemented her place in the history of the sport.
lauryn williams, CFP® is a 4-time Olympian, 3-time Olympic medalist and the first American woman to medal at the Summer and Winter Olympics. While playing professional sports, Lauryn interacted with not one but two financial advisors who failed to provide her with the services she needed. She asked friends what they were doing about their finances and the answers were vague and unsettling. Constantly looking for ways to make a difference in the lives of others, she decided to put her finance degree and MBA to good use to fill the void for young professionals. Eager to learn everything, she then pursued the Certified Financial Planning certification. His company, Worth Winning, offers virtual services to help young professionals get the answers to the financial questions that matter most to them. Whether it’s creating a budget, developing a student loan repayment plan, setting savings goals, or understanding your 401(k), Worth Winning is ready to help you with anything personal finances.
View original content to download multimedia: https://www.prnewswire.com/news-releases/debut-capital-launches-inaugural-investor-in-residence-program-with-powerhouse-class-of-female-olympic -and -wnba-athletes-including-sanya-richards-ross-lauryn-williams-chelsea-gray-and-lexie-brown-301478053.html
SOURCE First Capital