It is not us versus them. Dan popped the question to Emma in Friday Harbor, Washington in October 2021 ( Source : instagram ). WebAlison Rapaport Stillman is a Founding General Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. ]); WebThe General partner is Alison Rapport Stillman. Business partners. There is no recent news or activity for this profile. And that needs to happen across the board.. There has been a lot of innovation outside of the home, but now with consumers spending most of their days at home we have the opportunity to think through how to make home life better. We really believe that we can make the most by finding companies that solve bigger consumer problems, especially for people who have been ignored by the traditional players in the game.. 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. WebThe General partner is Alison Rapport Stillman. Serena Ventures invests in founders who solve everyday problems through unconventional thinking and diverse points of view. For the past nine years, it has managed a portfolio of more than 60 angel investments, using Williams own money. Besides, they have a pet dog named Bud, who has also been featured in most of her uploads. Investing in people who look like you eventually leads to systemic exclusion. B.E. Alison Rapaport Stillman is a Founding General Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. We invest in diverse teams because we stand by the belief that diverse leadership and diverse thoughts have the best returns, both financially and socially. Management With Sheri and Marc's established careers, the Full Swing star enjoyed a secure upbringing and affluent lifestyle during childhood. The stats about the fund received by black women entrepreneurs in the recent years highlights the problem. Veronica is a proud Alumna of Howard University and holds an MBA from the Kellogg School of Management. Previously, Alison worked at J.P. Morgan Asset Management in Multi- Asset Solutions and led the development of the firms Alternative Beta offering. Previously, Alison was a Vice President at JPMorgan Chase and Read More Contact Alison Stillman's Phone Number and Email Last Update 11/24/2022 9:52 AM Email a***@serenaventures.com Engage via Email Contact Number (***) ***-**** Engage via The FDA nears final approval on vaccines for young kids, women feel unprepared for menopause, and Zola adds a co-CEO. Thanks for being part of ours! It's not the only thing." The entire process from pitch to investment can take anywhere from a few weeks to several months, Stillman said. Since 2014, Serena Ventures has championed founders whose perspectives and innovations level the playing field for women and people of color. I legit thought she misspoke because 98% is a huge number, Williams says. August 10, 2022, 5:31 AM PDT. Alison Rapaport is a Partner at Serena Ventures, an early-stage venture capital fund founded by tennis superstar Serena Williams in 2014. Prior to joining Serena Ventures, Olivia launched her first startup, SevenSkin Beauty, a skincare company that combines science with technology and education. WebAlison Rapaport Stillman is a Founding General Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. 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. In addition to growing the reach and impact of the SV portfolio, Alison is the person founders turn to when they need pointed advice, detailed feedback, and tough love. Still, one key factor the firm looks for in an investment opportunity is whether the company is tapping into a sizable market that it's excited about. On our Rise of the Next podcast, Honghao Deng and Jiani Zeng tell us how Butlr, which provides insights into commercial space usage, pivoted during the pandemic. Alison married Alec Stillman in October 2020, and they welcomed a daughter named Lucy in February 2023. To raise a child it takes a village. We also want to see a founder who is self-aware. 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. Fund Budgeting & Cash Flow Management What are the financial nuts and bolts of launching and managing a venture fund? Sign up for notifications from Insider! WebAlison J. Rapaport, CFA, is a Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. The pair had unforgettable intimate moments in a cold, chilly environment in the woods near a lake. Serena believes in taking on and nurturing the firms early, which is reflected in the funds investments as three-fourths of the total investment belongs to the seed stage category. ]); My fianc and I have had her for about two months. My path to Serena Ventures started with another sports superstar, ten-time NBA All-Star Carmelo Anthony. tude.cmd.push(function() { 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. To take a closer look at how Serena Ventures developed its diverse portfolio and pipeline, Alison recently joined 500 Startups CEO Christine Tsai for a fireside chat at the 2021 Unity and Inclusion Summit. Venture is one of the most inequitable places to work. In hindsight, I did not need to worry about the other people who barely thought of me. The move underscores 500 Globals multi-stage initiatives. That includes looking at digital learning as a supplement and a way to attack inequities in traditional education systems. Dana Iverson: What got you into venture, and what is keeping you here? He then introduced me to Chris Lyons at Andreessen Horowitzs Cultural Leadership Fund, who encouraged me to lean into my skill set to support world-class athletes who would like to get into venture but dont have the investment background. As a Senior Associate, Veronica sources, conducts diligence, and provides portfolio support at Serena Ventures. div_id: 'div-gpt-ad-rightrail-1', pos: 'right_rail_1', I recently had to question a founder at a company because they were building a product for women and did not have any female or non-white representation at the executive level. He has been in the industry for four decades. 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. Im more on the analytical side, the portfolio-construction side. Have a great Thursday. She is so much more than just the worlds best tennis player. You can find her on Twitter. 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. Financial services for what Stillman called the "unbanked and underbanked" and women's health companies have always ranked high on its list. Women of Power TECH, PODCASTS Register for your account and get started with our industry leading people contacts search engine. } We had great chemistry on that call. Dan does not have a brother and Alison is his only sibling. We are in a moment when people have finally realized that inequity exists in all aspects of life what many of us have known for a long time. baseDivId: 'pb-slot-right-1', Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. Dan does not have a brother and Alison is his only sibling. Im the most non-taking-a-chance kind of a person, but I felt like a seed was where we wanted to be.. Serena Ventures was about to announce a historic $111 million raise that would change the world. tude.cmd.push(function() { As she learned more about the world of funding, Williams was shocked by the inequities. The latest Tweets from Alison Stillman (@alison_stillman). This interview has been edited and condensed for clarity. Nacho lover Ms. Williamss other business activities include fashion lines, entertainment deals and a seat on the board of Poshmark. She eventually widened the criteria and today Serena Ventures will fund anyone with a good idea. Economic Equity & Racial Justice Townhall Series, Elevate Black Podcast sponsored by Fifth Third Bank, 100 Founders of Change by American Express, Chasing Success Podcast by JP Morgan Chase, Black Business Month Sponsored by Nationwide, 2022 Registry Of Corporate Directors Listing, 2021 BE Registry Of Corporate Directors Listing, finding companies that solve bigger consumer problems. Serena Ventures was about to announce a historic $111 million raise that would change the world. However, just like in tennis, Serena does not believe in following the herd mentality while taking on investments. 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. ABOUT She works alongside the tennis superstar Serena Williams in overseeing the business and sourcing new investments. As a subscriber, you have 10 gift articles to give each month. The food we eat, the space we live in, and the tools we use at home are all getting a second look. Suddenly, she found herself learning about trading cards, trying to understand the market and find opportunities. Dan does not have a brother and Alison is his only sibling. He worked for numerous organisations in various positions, including manager, director, and executive. 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 Marc attend Dan's game for the first time as an audience in August 2020 at Quaker Ridge Golf Club, Scarsdale, New York ( Source : instagram ). Serena Ventures Serena Williams launched Serena Ventures in 2014 and has invested in over 60 companies. Alison's role is Manager: During my time at Harvard Business School, I had the opportunity to work with Melo7 Tech Partners, where I was exposed to the world of VC. In addition to growing the reach and impact of the SV portfolio, Alison is the person founders turn to when they need pointed advice, detailed feedback, and tough love. One recent investment they made is Fiveable, a woman-led Milwaukie ed-tech startup helping students prepare for AP exams by offering free online resources. div_id: 'div-gpt-ad-rightrail-3', Anyone can read what you share. Ian Rapaport a television analyst and pundit for National Football League (NFL) ( Source : instagram ). "You want to do something that's going to make it easy for us to understand your business," Stillman said. page_type: 'article', When I met my husband, that was our first conversation. After graduating from Brentwood school, Alison studied psychology for a while before enrolling at the Wharton School. Alison graduated magna cum laude from the University of Alison Stillman is a Managing Partner at Serena Ventures based in Sugar Land, Texas. cat: 'entrepreneurship', Serena Williams, founding and managing partner at Serena Ventures and Alison Rapaport Stillman, founding and managing partner at Serena Ventures. The best way to submit a pitch to Serena Ventures is through the contact form on the firm's website. Alison Stillman has been with Serena Ventures for a few months and is in Owner What is Alison Stillman's role in Serena Ventures? I knew that I wanted to do a fund, but I worked backward, by using my own capital and then creating a track record and getting to know everyone.. ]); Dog mom . Web2,862 Followers, 1,028 Following, 315 Posts - See Instagram photos and videos from Ali Jo Rapaport Stillman (@ali_jo_rap_stillman) Web2,862 Followers, 1,028 Following, 315 Posts - See Instagram photos and videos from Ali Jo Rapaport Stillman (@ali_jo_rap_stillman) 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. Also, invest in a few good people and dont try to please everyone. It helps that Serena Ventures has a diverse team led by women. They have scheduled their marriage on June 10, 2023. Ive watched all of Face Off, a show where people go head-to-head with special effects and makeup. WebVisit Alison Rapaport Stillman and Stillman Stillmans Baby Registry on Babylist. Abena Anim-Somuah: Tell us how you met Serena and what drew you to work with her? My friends were asking questions that I didnt have the answers to, but I got better with time and more practice. The FDA nears final approval on vaccines for young kids, women feel unprepared for menopause, and Zola adds a co-CEO. page_type: 'article', I feel like I go to sleep getting messages from her and wake up getting messages from her, Rapaport told Fortune. They are finding new sectors to focus on, such as the rise of online education. It can be as simple as making products more affordable or accessible. By highlighting this behaviour and offering support, we are drawing awareness to the systemic issues at hand and showing people in the industry how it can be done. I am excited about companies that are focused on natural ways to get healthier, supporting the postpartum journey, and mental health services for younger women. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. For fans of Williams, this year's US Open was likely a bittersweet moment. Weve made some investments in the food and beverage space but are interested in the holistic wellness space as well. 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. The same goes for actor Michael Rapaport. 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 Among its portfolio of more than 50 companies, 60% of founders are people of color. The founding partners of Serena Ventures are Ms. Williams and Alison Rapaport Stillman. Dan posted a congratulations tweet in August 2022 as she represented the company in the New York Stock Exchange. She has persevered to become one of the top tennis players in history with 23 Grand Slam titles. In early August, the 23-time Grand Slam champion wrote in an essay for Vogue that she would be retiring from tennis. env: 'prod', Each day is a learning experience, Im learning all the things that I would have had I taken venture classes at school. She has brought so much joy to our family and is a living reminder that there is a world beyond my screen. Sells personal care, food, and household goods products under the Brandless brand. While writing for her CNN Business Perspective column, she mentions the challenges black women entrepreneurs face while raising funds for their startups in the white and male predominant venture capital industry. I just want people that believe in our mission and that want to be a part of something really amazing. Review address history and property records. In her next chapter, Williams said she planned to focus on her venture-capital firm, Serena Ventures. Sign up to stay up to date on global innovation. The pair hiked along rugged coastlines, through thick forests admiring all the beauty they witnessed. We do VC differently through standout strategies, bold initiatives, and a global network of investors, business leaders, and influencers. That makes pitching less intimidating, because it can be difficult to find an introduction on Sand Hill Road, especially if youre not in Silicon Valley. My first time pitching was terrible. } Review address history and property records. Serena agrees that there is a social purpose to that decision. Alisa Gumbs is the executive managing editor of BLACK ENTERPRISE, planning and creating content across the company's print, digital, events, and broadcast platforms. Entrepreneurs Summit Ultimately, Stillman believes that a Serena Ventures company is defined by three qualities. Serena Ventures doesnt require that its founders come from historically underrepresented backgrounds, though it says about three-quarters of its portfolio company founders do. tude.refreshAdsViaDivMappings([ { divId: 'div-gpt-ad-rightrail-2', Yet, because of the areas they want to serve, Alison says they still naturally fund women, Black and Latinx founders. Emma also posted a picture on her Instagram as they shared a passionate kiss after he popped her the question. Prior to joining Serena Ventures, Ashel spent time on the programming team at Kauffman Fellows and was a startup founder. Then in July 2011, she landed a job at JP Morgan Assest Management firm. Stillman said it scored companies in due diligence across a number of metrics. Serena Ventures, the venture capital fund backed and founded in 2017 by Serena Williams. Alison Rapaport Stillman, General Partner, Serena Ventures (Image: Courtesy of Serena Ventures) For Williams, surrounding herself with other smart women was a no-brainer. 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.
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