2/20 - Raising Money To Do Good

Karl Jacob, renowned entrepreneur and the first advisor to Facebook, brings his fascinating insights as a board member of USC Viterbi School of Engineering. As he delves into "Raising Money To Do Good," join us to hear riveting tales of Silicon Valley’s history and get an exclusive sneak peek into the dazzling world of quantum computing. Don’t miss out on this chance to catch a glimpse of the quantum future! 🚀✨

USC’s Quantum Computer

RECAP

- Karl Jacobs, an entrepreneur and former advisor to Facebook, currently serves as CEO and founder of LoanSnap, with a wealth of experience in founding, advising, and investing in companies.

- He enjoys collaborating with creatives because they bring innovative ideas to the table, enriching his work.

- Karl's knowledge of quantum computing expanded after meeting Hailey, recognizing that quantum will significantly impact tech, offering profound insights into natural phenomena and the body.

- Transitioning from a computer engineer to a startup entrepreneur was challenging; he left Apple after hitting a career ceiling and feeling constrained, seeking to break free from a system that he felt wasn’t serving the greater good.

- On Facebook, he noted the company’s failure to prioritize ethical considerations over quarterly profits and how the necessity to please shareholders detracted them from meaningful goals.

- His role as an advisor to Facebook began when he was prompted to meet Mark Zuckerberg, who had just left Harvard for Palo Alto; contrary to the "Social Network" film's portrayal, there were significant sacrifices and failures during Facebook's early days.

- Karl found working with Mark Zuckerberg initially terrifying due to the transition from a stable job to the unpredictability of a startup and often considered quitting but was driven by the people he worked alongside, and a passion for fast-paced learning.

- Despite numerous rejections, he witnessed how determination and belief in Facebook's mission propelled its eventual success.

- In fundraising, he emphasizes finding true believers in your product and acknowledges the challenge of differing perspectives between entrepreneurs and investors, often leading to entrepreneurs abandoning their missions due to repeated rejection.

- Karl reflects on how financial motivations can alter the original good intentions of projects, like algorithms designed to streamline user experience but eventually twisted to serve advertising interests.

- He observes a shift in Silicon Valley towards varied company structures, suggesting nonprofits might be a new frontier, as governmental funding for nonprofits dwindles, investors and private groups step in to fill the gaps.

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Julie Pilat - CGO, FYI

Roneal Madlani - Head of Community, FYI

Sean Kantrowitz - Director of Media & Content, FYI

Emily Choi - Growth, FYI

Frankie Sandoval - Design, FYI

Taylor Weng - Growth, FYI

Meka Lolita - Music Curation, FYI

Aminah Muhammad - Social Media, FYI

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Varie Divine - Creative Business Consultant / A&R

Haley Weinstein - Quantum Communication

Sean Hobson - Chief Design Officer | ASU

Cody Randall - Musician

Yulia Gonzalez - Social Media Director

OFTN - Artist
Saika - Artist

Nereya Otieno - Co-Founder | Rising Artists Foundation

Dave Cavalier - Artist

Kristen Juel - Founder | Juel Concepts

Leah Concialdi - Bari Sax Artist & Publicist

Uba Obasi - UX Product Designer

JT - Writer / Producer

Paris McCoy - Tec Leimert

Amman Abbasi - Filmmaker & Musician
Molly Neuman - Music Biz Boss & Artist

AJ Thomas - Good Trouble

Eugena Washington - Model/Creative

Jessie Zalia - Future of Work Founder

Juliette Jones - Musician/Creative

Mark Roah - Founder

Michelle Sosnowski - Founder

Dr. Malcolm Jones - Iovine & Young Academy

Ali AMAC McGuire - Engineer & Creative Thought Leader

Howard Miura - Music Consultant

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Haley Weinstein - Quantum

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Roneal & Taylor - Product

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Dan Davis - Mixer

Come Hang at 7PM!

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