Newsletter Series: December 14th-18th

What’s coming up at Newchip?

See app.newchip.com/events/ for more information on upcoming Newchip events. All events are scheduled in Central Daylight Time.

Monday, December 14

9:00am-11:00am: 3-Minute Elevator Pitch 1-1 Coaching Workshop #1 [Link]

9:30am-11:30am: Business Advisory Session [Link]

Tuesday, December 15

1:00pm-3:00pm: Business Advisory Session [Link]

2:00pm-4:00pm: 9-Minute Demo Day 1-1 Coaching Workshop #1 [Link]

4:00pm-6:00pm: Weekly Pitch Deck Review Session #1 [Link]

Wednesday, December 16

10:00am-11:00am: Sofos Connect Workshop [Link]

4:00pm-6:00pm: Business Advisory Session [Link]

6:00pm-8:00pm: 3-Minute Elevator Pitch 1-1 Coaching Workshop #2 [Link]

Thursday, December 17

10:00am-12:00pm: Business Advisory Session [Link]

4:00pm-6:00pm: Weekly Pitch Deck Review Session #2 [Link]

6:00pm-8:00pm: 9-Minute Demo Day 1-1 Coaching Workshop #2 [Link]

Friday, December 18

2:00pm-4:00pm: Hot Seat + Office Hours Weekly Session [Link]

Sputnik ATX Winter 2021 Cohort Application

The application deadline for Sputnik’s W21 cohort is December 25. Apply here for $100K+ in funding, 13 weeks of intensive structured training focused on gaining traction, and fierce competition among a select group of founders for the traction horse.

The podcast is available to listen and download now on all major podcast platforms, including Spotify and iTunes.

Newchip Accelerate Podcast!

From investing to building a company culture, Accelerate strives to shine a light on the many unknowns entrepreneurs face on a daily basis.

This week’s episode covers Intellectual Property and the Law for startups. Special guests include David Gammell (Partner, Gunderson Dettmer), Kevin Hiatt (Corporate and Transactional Attorney, Hiatt Law Firm), Samar Shah (IP Lawyer, Shaw IP Law), and Ian Garrett (Venture Fellow, Ideaship).

Company Spotlight

Newchip Company Highlight: Obsesh

Founders: Tracy Benson & Jonalyn Morris
Website: www.obsesh.com

NEW REAL-TIME SPORTS PLATFORM ‘OBSESH’ CONNECTS CONSUMERS WITH TOP ATHLETES, ON-DEMAND.

Obsesh connects consumers to top athletes and personalities. Co-founded by experienced female executives and athletes, Tracy Benson and Jonalyn Morris, who bring along startup and exit success from Beats, GoPro, Best Buy, and The Home Depot.

Obsesh is a real-time sports platform that connects consumers to athletes. The digital marketplace transforms the way fans access and interact with their idols through real-time content experiences to level up their obsessions. Now, all athletes, players, Olympians, and sports personalities can strengthen relationships and turn followers into customer relationships.

The company already has lined up more than 130 athletes across action, board, and individual sports, with a user pipeline spanning more than 10.5 million followers – and growing 38% quarterly. The white-space opportunity to aggregate the niche sports marketplace is giant and dynamic. Obsesh has leveraged its industry relationships to secure multi-year distribution agreements to expand their reach, brand, and direct response capabilities through streaming TV & OTT partnerships with Sinclair Broadcast Group and Jukin Media. They are currently in discussions with sports properties, leagues, and teams to power their fan development with athletes.

They’ve been recognized for their team, traction, and market opportunity through Newchip Accelerator and Stadia Ventures, a premier global sports fund and accelerator.

Want to connect on Linkedin? Find Tracy Benson here & Jonalyn Morris here.

Mentor Spotlight

Newchip Mentor: Kerry Jordan

Kerry Jordan has a 30-year career in the financial services industry. Prior to co-founding Supercritical, Kerry was the chief operating officer of D’Orazio Capital Partners, a private equity firm focused on investments in middle market manufacturing and energy-related companies. Prior to joining DCP, Kerry was the director of business development at RMB Capital Management where she managed client development, marketing, and capital raising for its hedge fund division. Prior to RMB, Kerry served as head of development and chief compliance officer for Chicago Capital Management L.P., a risk arbitrage hedge fund. In this capacity, Kerry managed the fund’s global capital raising, investor relations, and compliance programs. Previously, Kerry was a director in the global derivatives products group at Bank of America where she focused on the structuring and sale of interest rate, commodity, and equity derivatives for the bank’s Fortune 1,000 clients.

Kerry developed a diverse range of competencies and capabilities that has proven a distinct benefit for executive leadership and board directorship. This experience includes substantial P&L responsibility, detailed understanding of financial modeling and securities structuring, and a deep knowledge of securities sales and trading. Kerry has expertise in interpreting financial statements, audits, and investment portfolios, and translating this information into easy-to-understand terms.

Kerry holds a bachelor of business administration degree from the University of Massachusetts and a master of science in finance degree from the George Washington University. She also holds the Chartered Financial Analyst designation and is an active member of the CFA Society Chicago and the CFA Institute. Kerry serves on the board of directors of Truly Green Plastic, a private company focused on developing hemp-derived biodegradable polymers and the YWCA of Metropolitan Chicago’s Impact Investing Advisory Council. She is the immediate past chairwoman of the board of directors of Warriors at Ease, a nonprofit dedicated to veterans, and the CFA Society Chicago. Kerry is a former board director of the International Women’s Forum, LNG Capital, LLP, and the Illinois Council on Economic Education. Kerry lives in Riverside, IL with her four children and their dog Rita.

Newchip Quick Tip: Sofos Workshops

Take advantage of the new Sofos Connect Workshops every other Wednesday at 10:00am CST. The Sofos team will be sharing ways to optimize your outreach efforts as it pertains to investor relations or business development. Click here for more information. 

Helpful Tools… 

See the Partnership Resources page in your program content for more information (Pre-Seed(Seed & Series A)

  • DocSend – Allows you to securely share your pitch deck and streamline fundraising, as well as track which investors are engaging with your decks and get real-time, actionable feedback with document analytics.
  • EquityNet – A commission-free crowdfunding platform that features only accredited investors and allows any type of company. 

Must-Read Articles

Below you will find a collection of our must-read articles for this week in relation to the entrepreneurial world. For the best experience, we recommend you grab a cup of coffee, some tea, or heck, just grab a nice, cold beer… Enjoy!

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