How the lack of institutional capital for women puts the onus on individual investors to seed change,
About this Event
Join us Thursday March 5th at 8am for an intimate breakfast featuring a conversation with Peggy Wallace, Managing Director of Golden Seeds.
Breakfast & space are generously provided by Golden Seeds, exclusively for the NYC-HAE community.
Program starts promptly at 8am, and ends promptly at 9am. Doors open at 7:45 for breakfast, and the room will remain available until 9:30 for networking. Registration is limited to 20 participants so that each participant will have the opportunity to introduce themselves.
Widely recognized for its best practices and expertise, Golden Seeds was the first angel group formed to focus on the immense opportunity of investing in women leaders with a keen focus on educating investors to join the early stage investment asset class. To date, Golden Seeds has invested $130 million into 150+ companies in enterprise, healthcare and B to C, which have gone on to raise over $1 billion.
Registered HAE Members: FREE. General Admission: $10
HAE membership is $49 a year. Go to Harvardae.org/join to become a member. Space is limited to 20 registrants.with priority given to HAE Members . Find out more about becoming a member.
Peggy Wallace is one of the few female venture partners in the US focused on seed and early stage investing. In addition to her role as a Managing Partner of Golden Seeds, she also helped raise, and serves as a General Partner, of Golden Seeds Funds I and II.
Peggy has been a key figure in growing Golden Seeds from 5 members when she joined in 2005, to it now being one of the Nation’s largest angel networks with 300 members today. Widely recognized for their best practices and expertise, Golden Seeds was the first angel group formed to focus on the immense opportunity of investing in women leaders with a keen focus on educating investors to join the early stage investment asset class.
Peggy has a deep understanding of the pace of innovation from early to late stage, broad exposure to the trends and ideas that entrepreneurs are identifying, and significant networks in the world of innovation and in women’s leadership circles. Between the sector diversity and geographic breadth of Golden Seeds, and her passion for following disruptive technologies, Peggy has a formidable command of industry, economic, and global trends while possessing finely honed financial skills.
She has reviewed over 4000 companies over the past 14 years and has deep expertise in innovation and what it takes to grow and lead a company.Peggy is widely quoted in the media for her expertise on angel and venture investing, and has been featured on Bloomberg News and in Entrepreneur Magazine. She's served as a juror for the International Cartier Women’s Initiative Award, and as a Judge for the NY EY Entrepreneur of the Year Award. Before Golden Seeds, Peggy was on Wall Street as a Managing Director in the Structured Finance/financial institutions arena giving her substantial financial and market expertise. She spent a significant portion of her prior career at JP Morgan/Chase.
About Golden Seeds:
Golden Seeds is a firm dedicated to pursuing investment returns through the empowerment of women entrepreneurs and the people who invest in them.
The group was founded in 2005 and is headquartered in New York City, with active chapters in Arizona, Atlanta, Boston, Dallas, Houston, New Jersey, New York and Silicon Valley. – and active members throughout the country.
Founded to identify and fund women-led companies, Golden Seeds has become a leading force in focusing on women’s leadership, gender diversity, entrepreneurship and job creation.
In 2004, women entrepreneurs represented 30% percent of the entrepreneurs in the country, but they led fewer than 3% of the start-up companies that received capital. At that time, women were not actively participating as investors in start-up companies; only 5% of angel investors were women.
The founders of Golden Seeds mobilized to create an environment in which:
• Women-led companies are seriously considered for venture funding,
• Gender diversity, which produces better financial results, is enabled,
• Women are active investors in the start-up sector,
• Women entrepreneurs and investors participate in wealth creation; and
• The economy would benefit in multiple respects from these vibrant activities.
Hundreds of Golden Seeds members help level the playing field for women entrepreneursGolden Seeds’ progress has been substantial. In 2018, women-led companies were 20% of all angel-funded companies, and women investors represented 30% of all angel investors. Golden Seeds’ angel network has become one of the largest in the country, currently with over 300 members nationwide. Many of these women and men (20 percent of our members are men) have succeeded at the highest levels of business, law, medicine and academia. They bring experience, skills, networks, stature and capital to propel the economy through Golden Seeds investments. They are active participants in screening companies, conducting due diligence and mentoring entrepreneurs.
In addition to the investments of individual investors, Golden Seeds has a unique and symbiotic relationship with four funds with committed capital of over $40 million. These funds provide further capital in support of the Golden Seeds mission. Since 2005, thousands of companies have applied to Golden Seeds for funding. All companies are evaluated, many proceed through due diligence and receive extensive guidance from Golden Seeds investors. In total, Golden Seeds has invested over $125 million in more than 180 companies. The firm and its members have provided important leadership in this investment sector.