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Sarah Kunst Launches Fund Focused On Women Entrepreneurs

Black Women in Business

Sarah Kunst Launches Fund Focused On Women Entrepreneurs

By John Ketchum via https://afrotech.com

Investor and entrepreneur Sarah Kunst is starting a new fund to invest in women entrepreneurs. According to Axios, the entrepreneurs involved will act as scouts and the fund, called Cleo Capital, has already secured $1.7 million in funding and is looking to raise $10 million in total.

Scout programs generally help VCs get access to startups in the early stages and receive a portion of profits. This could bode well for women entrepreneurs connected to successful underfunded startups.

Scout programs are not new to Silicon Valley. For example, according to the Wall Street Journal, big companies like Stripe and Thumbtack came from deals made by scouts and both are valued at over $1 billion. What is new, and so significant about the new venture from Kunst, is women harnessing the power of …

 

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Chrysalis

I am a future butterfly at the stage of growth when I am turning into an adult. I am enclosed in a hard case shell formed by love, family, and friends. It is the hardest stage of becoming a black butterfly. You will encounter many hardships only to come out stronger and better than what you went in. At this stage, you are finding out who you truly are and how to love yourself.

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The image of the butterfly has come to define the many expressions of the feminine black consciousness and for a good reason. The butterfly is the perfect articulation of the exquisite beauty of nature. Whether tiny or large, brightly colored or more subdued, the butterfly’s allure is undeniable. Each one displays its own unique patterns and hues, and no one species outshines any other.

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