2022 Forbes 30 Under 30 Summit: Parade And StockX Focus On Gen Z Consumers; Founders Capitalize On Creator Economy. Plus More

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'I think now over 40% of the companies we've backed are either female founders or founders of color, which is still not what it should be,' SteveCase, chairman & CEO, Revolution LLC and co-founder, AOL, tells RandallLane at ForbesUnder30 Under30Summit.

30 Under 30 Summit this week, filing into the Detroit Opera House for a week of panels, A-list speakers and networking. The goal? To create the most immersive experience yet, says“Reinvention is the name of the game,” Lane, founder of the 30 Under 30 Summit, said in his opening remarks.

His new journey, Tubbs Ventures is an early stage venture fund focused on creating opportunities for everyone regardless of background. “This is really a category about loyalty,” Téllez says. “The other piece, being a Gen Z CEO, is this is an audience of people who have embraced mass cultural shifts. Underwear went from being a category that was about intimates, privacy, not wanting to share your body, to women really being empowered and excited to make this social, to make this about self-expression and to share their stories with their audiences.

At Cameo, the video-sharing marketplace where fans and brands can pay pop culture personalities to create personalized video messages, Chief Product Officer Townsend says their fastest growing business line is now Cameo for Business. “We’ve focused on direct-to-fan monetization,” Townsend says.Randall Lane took the stage to announce 64 $100,000 Yass Prize grants. The fund helps education entrepreneurs.

 

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SteveCase RandallLane Here is an idea. How about backing companies that are good ideas or good investments regardless of the color of the founders skin or sex? Favoring one race over another is just another way to be racist.

SteveCase RandallLane Well, here’s a cautious, qualified “You bet!” Most of the corporate defendants in courts this morning are using this argument to justify their abuses of individuals and communities.

SteveCase RandallLane

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