Listen "The Great Venture Capital Shake-Up | Venture Capitalist Noramay Cadena"
Episode Synopsis
Welcome back, Moneda Moves listeners! Now if you’ve heard from from us before it should come as no surprise: Latinos are entrepreneurial at their core. Much so that between 2007-2017, 50% of all new small businesses created were Latinx owned, per a report from Bain & Company. During that same decade, only one percent of investment from top venture capital firms went to Latinx-owned businesses.
Today, we are going to talk about this gap and a term you’ve likely heard before: Venture Capital. It's a kind of financing investors supply emerging companies with big growth potential. Because while these investment numbers may not be favorable for Latinx-owned businesses looking to scale, VC founders and operators like Noramay Cadena of Supply Change Capital are positioned to shake up the space.
A bit of background: She's a former Boeing engineer turned investor with three degrees from MIT. Today, Cadena is focused on investing in the intersection of food, culture and technology. Supply Change Capital does this all the while focusing on diverse founders, which are tracking to become the majority citizen in the US. We speak Cadena about her pivot into venture capital, how she invests in companies and biggest findings from her time in the space.
Today, we are going to talk about this gap and a term you’ve likely heard before: Venture Capital. It's a kind of financing investors supply emerging companies with big growth potential. Because while these investment numbers may not be favorable for Latinx-owned businesses looking to scale, VC founders and operators like Noramay Cadena of Supply Change Capital are positioned to shake up the space.
A bit of background: She's a former Boeing engineer turned investor with three degrees from MIT. Today, Cadena is focused on investing in the intersection of food, culture and technology. Supply Change Capital does this all the while focusing on diverse founders, which are tracking to become the majority citizen in the US. We speak Cadena about her pivot into venture capital, how she invests in companies and biggest findings from her time in the space.
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