WEL Silicon Valley

Each fund will be a separate legal entity with its own bank account and tax returns. Joanne and Leila, our General Partners will manage them. There are no management fees or carried interest.

Each investor contributes 15K USD to create a pooled investment fund.

Over the course of one year, each group collaboratively vets investment opportunities and decides on how to invest the funds. $500 of the contribution is applied to annual required legal & accounting fees for the duration of the fund.

The range is between 25-35 women, with 30 Limited Partners being our ideal community size.

Women are underrepresented as angel investors and Women’s Equity Lab created this initiative to address this issue. Having more women involved in investing is beneficial because:

• Women are perceived to be more risk averse than men, and WEL is working to break these stereotypes by creating opportunities for women to make bets and invest in the riskiest stage of companies, in the seed stage.

• Adding women investors to the industry provides more cash to the start-up ecosystem and imparts the community with new skills, contacts, and experiences to help grow successful companies.

• More women involved in company ownership and on boards translates into more effective corporate decision-making and outcomes.

Our first fund will invest $25K -$50K across 9-15 startups. By increasing the number of investments, we are hoping that one or two of our investments will create a gain for our LPs, while simultaneously allowing them to refine their investment thesis and thinking around early stage investing.