Paige Finn DohertyFounding Partner, Behind Genius · Founding Partner at Behind Genius Ventures

who is RareBreed Ventures Founding Partner Mac Conwell's North Star?

28 Nov 2023 · 1 min

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In this interview excerpt, the speaker asks Mac Conwell about his "North Star" and explains that it is a Black woman entrepreneur based in Baltimore who runs MeetsBundle.com. Over three years, she tried to persuade investors that her invention—a tumble dryer capable of drying wigs or hair extensions in 15 minutes without heat—was valuable, but she repeatedly received rejections. Facing a lack of capital, she chose to become a surrogate mother, giving birth to twins to generate a modest sum of money needed to build her first prototype. The speaker expresses frustration and admiration for the lengths she had to go to secure funding, highlighting systemic barriers faced by underrepresented founders.

Chapters

What is your North Star, Mac? So my North Star is this amazing woman, a Black woman here in Baltimore running a company called MeetsBundle.com. And really why she's my North Star is because I watched this woman for 3 years try to convince people that her idea of a tumble dryer that could dry a wig or hair extension in 15 minutes with no heat was a valuable idea and watched her get nothing but nos to the point where She determined that her only option in order to get access to capital to start building her first prototype was by becoming a surrogate mother. She gave birth to twins to raise a nominal amount of money just so she could start building a prototype. And to watch her go through that experience was truly frustrating for me.