Alison's role is Manager: A founder should hire a team around themselves and hire for what they are not. Alison Rapaport Stillman, General Partner, Serena Ventures (Image: Courtesy of Serena Ventures) For Williams, surrounding herself with other smart women was a no-brainer. 500 Startups makes no representations as to or guarantees of specific outcomes from relying on the contents of this post. and this attitude has led to White men receiving an overwhelming majority of venture capital funds. }); window.tude = window.tude || { cmd: [] }; Alison Rapaport Serena Ventures - The Serena Williams-backed VC Fund Alison Stillman has been with Serena Ventures for a few months and is in Owner What is Alison Stillman's role in Serena Ventures? Like thats not even possible, thats near perfect., I couldnt wrap my mind around basically almost 100% of money is going to the men., And thats when Williams investing mission was formed: I wanted to really bring diversity to VC in the way that I could. Alison Rapaport is a Partner at Serena Ventures, an early-stage venture capital fund founded by tennis superstar Serena Williams in 2014. There is no recent news or activity for this profile. Serena Ventures' portfolio companies span a variety of industries, but Stillman said there were a few areas it had always been interested in. divId: 'div-gpt-ad-rightrail-2', Dan does not have a brother and Alison is his only sibling. 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. They had one problem: their brand didnt reflect who they were as a firm- or as people. he wrote. She comes to Serena Ventures from Equitable Advisors, where she worked as an Investment Operations Specialist. Last week, amid the bright lights of Arthur Ashe Stadium, Serena Williams played what were likely the final matches of her tennis career. Behavioral Aspects in Decision Making (Part 2), Emerging trends in Life Insurance and how to choose the right plan. targeting: { Thanks for being part of ours! Dan often goes golfing with Marc where as Sheri stays as home waiting for them ( Source : instagram ). Abena: What advice would you give your younger self? The founding partners of Serena Ventures are Ms. Williams and Alison Rapaport Stillman. Either Stillman, Williams, or another member of the firm's six-person team will schedule an introductory call with the founder. To be successful, though, you have to let go of the reins.". If you have a cold inbound, you can find great opportunities, she says. How to Land an Investment From Serena Williams' VC Firm Alison's role is Manager: SERENA VENTURES. The two lovebirds had a great time ice skating in Snowmass Village, Colorado. We understand that what we see in the pitch deck is not what the product will look like later, and the product will go through a hundred iterations before it is out in the wild. SV Team | Serena Ventures It is not us versus them. Yet, because of the areas they want to serve, Alison says they still naturally fund women, Black and Latinx founders. Partner @Serenaventures. Then in July 2011, she landed a job at JP Morgan Assest Management firm. Still, 76% of Serena Ventures portfolio founders come from historically underrepresented backgrounds. So why cant a man learn about tampons? For fans of Williams, this year's US Open was likely a bittersweet moment. They had one problem: their brand didnt reflect who they were as a firm- or as people. tude.cmd.push(function() { Plenty of its portfolio companies come from Silicon Valley, but two of its most recent investments came from North Carolina and Wisconsin. He has been in the industry for four decades. Alison: I took my first call with Serena from a bridal store while trying on bridesmaid dresses for a friends wedding. After graduating from Harvard, Alison joined the Jefferies & Company as an banking analyst in June 2009. INFORMATION Alison Stillman's job functions are Entrepreneurship, Operations, Alison Stillman's LinkedIn profile can be found at, https://linkedin.com/in/aliso***illman-cfa***. In her next chapter, Williams said she planned to focus on her venture-capital firm, Serena Ventures. Alison Stillman Serena is such a smart and driven person. Rapaport Stillman Marc started his job in 1983 as a banker at Drexel Burnham Lambert. Serena Williams raises $111 million for new venture fund. For example, the general contact email on the Serena Ventures website gets between 10 to 40 emails a daymany of these are autograph requests, but they also include pitches from entrepreneurs, which their team does actually consider. subcat: '', WebAlison J. Rapaport, CFA, is a Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. Web2,862 Followers, 1,028 Following, 315 Posts - See Instagram photos and videos from Ali Jo Rapaport Stillman (@ali_jo_rap_stillman) WebAlison Rapaport Stillman is a Founding General Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. tude.cmd.push(function() { Their most recent acquisition was on May 27, 2021, when Infinite Objects raised $6M.Serena Ventures has made 21 diversity investments. We want to make sure that we dont necessarily neatly check a box. "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. Produces a new generation of meats and cheeses made entirely from plants. 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. 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. Veronica has dedicated her career to supporting founders who work to democratize access to a better life, and her unique perspective is informed by 10 years of experience as a strategy consultant, founder, and investor. subcat: '', How to Land an Investment From Serena Williams' VC Firm SERENA VENTURES. Dog mom . However, Im a firm believer that success comes from focusing on the skills you want to develop and the people you want to work for rather than fixating on job titles. I dont jump off buildings. How to Land an Investment From Serena Williams' VC Firm In a December 2020 interview with the HBS Alumni Bulletin, Stillman describes the duos skill sets as different and super complementary. 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. Thats a great way to get people to pitch to you who otherwise might not try, said Alison. When he posted an Ask Me Anything during Q&A sessions, one user commented whether he is related to Ian or Michael, to which he replied, "Negative." Dan took to Instagram to post a picture of the two as they flaunt the ring from a resort rooftop in Friday Harbor, Washington. The same was kept secret until April 17, 2019, when the tennis star took to Instagram to post about it. The stats about the fund received by black women entrepreneurs in the recent years highlights the problem. Their most recent diversity investment was on December 5, 2020, when Kiira Health raised. 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.. and its affiliates (collectively 500 Startups) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. She is a founding partner at Serena Ventures after joining the capital fund company in 2018. Among its portfolio of more than 50 companies, 60% of founders are people of color. They just share a same surname but have no family ties. "Maybe we're so enamored by the founder, but when we actually take the time to dig down into the economics, it might not be the right thing," Stillman said. The latest Tweets from Alison Stillman (@alison_stillman). Goodwin Women Guide Serena Williams Venture Fund in $111 Im still able to see the opportunity and help the company grow. Dana Iverson: What got you into venture, and what is keeping you here? A sample of the funds investments includes the following: Offers body products and shaving supplies at a fair price, without the pink tax. A week later, she asked me to come to her house and present some ideas to her. Alison graduated magna cum laude from the University of Pennsylvania. Registry of Corporate Directors. WebVisit Alison Rapaport Stillman and Stillman Stillmans Baby Registry on Babylist. WebAllison Stillman is the director of Aroma Blue, bringing aromatherapy to people in recovery. With a presence in the USA, India and the MENA region, they ensure that all of your financial decisions are made carefully and with your best interests in mind. Serena Williams, founding and managing partner at Serena Ventures and Alison Rapaport Stillman, founding and managing partner at Serena Ventures. They are innovators who understand what goes into building companies. According to the National Venture Capital Association data, only 4% of the people who work in venture capital are Black. 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 Dan Rapaport father Marc Rapaport is a real estate agent from Los Angeles. 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. She is a CFA charterholder and earned her MBA from Harvard Business School. It is important to us that the founder has a personal connection to the problem and is uniquely positioned to solve it. Use tab to navigate through the menu items. In hindsight, I did not need to worry about the other people who barely thought of me. 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. Alison Rapaport Stillman, General Partner, Serena Ventures (Image: Courtesy of Serena Ventures) For Williams, surrounding herself with other smart women was a no-brainer. She works alongside the tennis superstar Serena Williams in overseeing the business and sourcing new investments. I want to highlight that we do not invest in women and people of color to simply check a box. A team thats all women and from very different backgrounds, we see the world differently. So I spent the week practicing my pitch with friends. Dan Rapaport dad Marc works in real estate and serves as the head of Thorofare Capital, a mercantile real estate pawnbroker entity. baseDivId: 'pb-slot-right-1', Serena Williams founded Serena Ventures in 2014. Doubles Partner - Alumni - Harvard Business School Register for your account and get started with our industry leading people contacts search engine. I dont gamble. 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. For me success is when you dont have to have the quota, said Alison. Im more on the analytical side, the portfolio-construction side. Have a great Thursday. tude.refreshAdsViaDivMappings([ { Allows traders to buy and sell bitcoin in the cryptocurrency and blockchain space. We had great chemistry on that call. Its time we all play on the same court. Dan Rapaport sister is named Alison Rapaport Stillman. Previously, Alison worked at J.P. Morgan Asset Management in Multi- Asset Solutions and led the development of the firms Alternative Beta offering. Financial services for what Stillman called the "unbanked and underbanked" and women's health companies have always ranked high on its list. pos: 'right_rail_3', Serena Ventures was about to announce a historic $111 million raise that would change the world. 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. Alison married Alec Stillman in October 2020, and they welcomed a daughter named Lucy in February 2023. Alison Stillman page_type: 'article', divId: 'div-gpt-ad-rightrail-1', Stillman said long emails and 10-page business plans, on the other hand, were not welcome. I spent my teenage and college years trying to be liked and now I talk to three people from my high school. "The founder can't be doing everything," Stillman said. Alison: Im excited about the refocus on the home. The FDA nears final approval on vaccines for young kids, women feel unprepared for menopause, and Zola adds a co-CEO. I feel like I go to sleep getting messages from her and wake up getting messages from her, Rapaport told Fortune. Zola founder Shan-Lyn Ma adds co-CEO Rachel Jarrett | Fortune 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. Moreover, in May 2021, the two soulmates looked chic as they attended their friend's wedding in Wailea-Makena. Serena Ventures has a market cap of $14 billion and 29 active investments. Take trading cards, something Alison has never cared aboutthat is until alternative assets boomed during the COVID-19 pandemic. Serena Ventures partner Alison Rapaport Stillman thinks VCs need to get out of their comfort zones. Besides, they have a pet dog named Bud, who has also been featured in most of her uploads. Doubles Partner - Alumni - Harvard Business School div_id: 'div-gpt-ad-rightrail-1', 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. It's your child. Asif Yahiya Sukri LLP provides unparalleled personalized financial services to a broad range of clients across different geographical locations. 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. NFL insider Ian has a brother named Jake Rapaport. Alison Rapaport Masthead. Stillman kw: 'mandc,black-venture-capitalists,newsletter-lead,serena-ventures,serena-williams,vc', It has been fun to watch creative people in that setting because Im not a creative person. "It's a helpful tool for us. Impact can take many forms, she continues. View select TechCrunch Disrupt content online today Lets just be honest, you know I couldnt just say Oh Im going to do this and have fun with it. To raise a child it takes a village. It helps that Serena Ventures has a diverse team led by women. Serena Williams' Venture Capital Firm Raises $111 Million When she is not working on the Business Development team at Ada Support, she is avidly baking and elevating Black culinary creatives on Instagram , listening to a podcast, or digging into a good book. Sep 10, 2022, 7:00 AM Serena Williams and Alison Rapaport Stillman. cat: 'entrepreneurship', The information is out there.. It receives about 200 pitches there a week, and Stillman said they read each one. 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 He supports all aspects of existing deals through analysis, market research, competitive landscapes, financial modeling, and deal structuring. kw: 'mandc,black-venture-capitalists,newsletter-lead,serena-ventures,serena-williams,vc', ]); WebVisit Alison Rapaport Stillman and Stillman Stillmans Baby Registry on Babylist. Dan and Marc enjoying golf during dusk in Cabot Cliffs, July 2019 ( Source : instagram ). Serena Ventures partner Alison Rapaport Stillman thinks VCs need to get out of their comfort zones. aid: '782078', Even though Marc frequently played golf with Dan, it wasn't until August 2020 that his father attended one of his games at Quaker Ridge Golf Club in New York and watched him as an audience. WebAlison J. Rapaport, CFA, is a Partner at Serena Ventures, overseeing portfolio management and sourcing new investments. I was someone who lived my life to be on a conveyor belt. This is something Ive been doing for a really, really, really long time and its something that I absolutely love and Im super passionate about., Despite her busy schedule, Williams spends six or seven hours a day on her investing work: I love looking at new companies, I love talking to founders, I absolutely love passing on the knowledge that Ive been able to get and being able to impact other people.. Serena Ventures doesnt require that its founders come from historically underrepresented backgrounds, though it says about three-quarters of its portfolio company founders do. WebThe General partner is Alison Rapport Stillman. Business partners. She earned Bachelor of Science degree in Finance & Operations from the campus.
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