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Elevate Inclusion Summit Presentation in PDX

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Allie Magyar, CEO of Hubb, an event technology startup in Portland, shares about her experiences as a female CEO and what it was like pursuing her initial and second rounds of VC funding.

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Elevate Inclusion Summit Presentation in PDX

  1. 1. Managing Growth & Pursuing Funding Allie Magyar Hubb, CEO allie@hubb.me
  2. 2. Tell us why you’re not going to fail Tell us how we can help you succeed? VS
  3. 3. Meeting Planning is the 5th Most Stressful Job According to USA Today in 2018
  4. 4. No Connections No MBA No SaaS Experience
  5. 5. All about the community
  6. 6. Community • Female Founders Alliance • PDX Women in Tech • Portland Seed Fund • Oregon Venture Fund • TiE Oregon • Elevate Capital • Oregon Entrepreneurs Network • Portland Business Alliance • Technology Association of Oregon • Oregon Association of Minority Entrepreneurs • New Relic FutureTalks • Prosper Portland
  7. 7. Microsoft Diversity and Inclusion Program
  8. 8. LESSONS LEARNED Never too early Best use of time invested Be aggressive to find the right mentor for you
  9. 9. Pitch, Pitch and Pitch again
  10. 10. Pitch Competitions • M12 Ventures Female Founder Pitch Competition • BICEP Pitch Black Competition • Bend Venture Conference • OVF Fast & Slow Pitches • Willamette Angel Conference • Seattle Angel Conference
  11. 11. $3.7 million raised locally
  12. 12. Diversity and Inclusion Elevate Capital • 91% of founders are women, minorities or veterans • $5 million invested • 23 startups funded Portland Seed Fund • 31% of CEOs are female • 20% of founders are people of color • 56% of investment dollars have gone to companies with a female founder Oregon Venture Fund • 65 investments to date • 40% of have a founding team and/or CEO who is a woman or person of color Cascade Angels • 25% female CEOs • 53% of portfolio companies have female, person of color, social minority on executive team
  13. 13. LESSONS LEARNED The story always evolves Know your audience The art of positivity
  14. 14. Tell us why you’re not going to fail Tell us how we can help you succeed? VS
  15. 15. Prevention- focused answers = $563,000 Promotion- focused answers = $7.9 million VS
  16. 16. How to win against all odds
  17. 17. Strong sense of self
  18. 18. Don’t call me bossy
  19. 19. View yourself as an equal
  20. 20. Stick to your guns
  21. 21. Find your tribe
  22. 22. Uphill battle…
  23. 23. 38% of businesses 2% of venture financing
  24. 24. 11.3% Women VC partners
  25. 25. 63% outperforming male- founded companies
  26. 26. World is our oyster
  27. 27. The path forward
  28. 28. Q&A Allie Magyar Hubb George DeCarlo Oregon Venture Fund Nitin Rai Elevate Capital

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