May 25, 2023

E074: Kim T. Folsom: Founders First Capital Partners

E074: Kim T. Folsom: Founders First Capital Partners

A high-tech executive and serial entrepreneur who has been founding, leading and growing innovative companies for more than 25 years. Kim Folsom is the founder of Founders First Community Development Corporation (fka. LIFT Development Enterprises, Inc, small business growth accelerator, and founder and CEO of Founders First Capital Partners, the largest minority and women owned direct investor of revenue-based funding and advisory support, as well as FUUUSE.CMNTY.com the first online community for fueling underserved small business expansion. Our mission to is to fund and growth and advocate for diverse founder led, underserved, revenue-generating employer-based micro small businesses ($50K to $5M), secure funding and achieve exponential growth. As a social entrepreneur, Ms. Folsom is dedicated to leveraging the power of market forces and sound business practices to address disparities in revenue and job growth among businesses led by underrepresented founders. She has raised more than $30 million in institutional venture financing, and has founded or served as a key executive for multiple successful ventures, including showUhow (acquired by Sellpoints), DriveCam (now Lytx) and Seminarsource. Before devoting her energies to entrepreneurship, Ms. Folsom was an executive at National Dispatch Center, Luce Forward, Alltel Systematics and Great American First.

Chapters:
00:00 Introduction
00:30 What inspired you to become a VC?
01:00 What is your investment thesis? What is the motivation for your thesis?
02:28 What are you currently reading or learning or listening to these days?
02:53 In 2 years, how do you see venture capital evolved or changed?
03:33 How do people contact you?
03:45 Thank you

Featured Guest Bio:
A high-tech executive and serial entrepreneur who has been founding, leading and growing innovative companies for more than 25 years. Kim Folsom is the founder of Founders First Community Development Corporation (fka. LIFT Development Enterprises, Inc, small business growth accelerator, and founder and CEO of Founders First Capital Partners, the largest minority and women owned direct investor of revenue-based funding and advisory support, as well as FUUUSE.CMNTY.com the first online community for fueling underserved small business expansion. Our mission to is to fund and growth and advocate for diverse founder led, underserved, revenue-generating employer-based micro small businesses ($50K to $5M), secure funding and achieve exponential growth. As a social entrepreneur, Ms. Folsom is dedicated to leveraging the power of market forces and sound business practices to address disparities in revenue and job growth among businesses led by underrepresented founders. She has raised more than $30 million in institutional venture financing, and has founded or served as a key executive for multiple successful ventures, including showUhow (acquired by Sellpoints), DriveCam (now Lytx) and Seminarsource. Before devoting her energies to entrepreneurship, Ms. Folsom was an executive at National Dispatch Center, Luce Forward, Alltel Systematics and Great American First

Fund Information:
Founders First Capital Partners, LLC., (FFCP) is headquartered in San Diego, CA and is making history with the launch of the first revenue-based financier and online accelerator focused on growing thriving million dollar small businesses.Founders empowers underserved groups of business owners by providing them with access to non-dilutive growth capital, expertise and resources to enable them to build sustainable, profitable, and accretive legacy businesses. Small business owners seeking to partner with Founders for assistance with growth and funding their business can begin by participating one of our quarterly Business Growth Bootcamps. Want to know more? Contact me.

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