Sylvester Mobley
@sylvestermobley
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Co-Managing Partner @plainsightvc and CEO of @codedbykids. Investing in underrepresented early-stage founders. Open to pitches. #startups #vc #tech
Philadelphia
Joined May 2010
Some companies are what we at @firstround like to call a “fast bake,” where the ingredients coalesce from the start. (Uber and Square are examples — early on we saw strong momentum.) But others are more of a “slow bake,” or an under-the-radar journey to land on the right product
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Continue to be amazed by how many people’s world views (and auto-biographical narratives) are driven by this… https://t.co/7muBzQdC3p
perplexity.ai
Perplexity is a free AI-powered answer engine that provides accurate, trusted, and real-time answers to any question.
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Thank you to @vencafePHL & @UCScienceCenter for allowing #1Philadelphia to monitor last night's panel discussing the future of neighborhoods as innovation hubs. We discussed the power of utilizing local talent to generate startup and innovation opportunities in Philadelphia.
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Join us on September 13th for our next #1Philadelphia meetup and learn how we can work together to make change happen in the #PhillyTech community. Grab your spot and share with your networks before we sell out. https://t.co/gZIBAeXxnR
@sylvestermobley #1phltech #TechMeetup
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Why is #1Philadelphia launching the Early Validation Academy? Hear from @plainsightvc Co-Founder & Managing Partner and EVA Facilitator @SylvesterMobley talk about his experience as an investor and the need he saw to help founders with early validation education. #1PHLacademy
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Want to know how you can protect your startup and continue to raise funding if a recession is close by? Catch Alex's talk at #BlackTechWeek as he discusses what funding looks like in a recession and how to do so in a troubled economy.
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Comcast BENgineers co-lead Karolyn Maynard, who recently served as a judge in the Ctrl+Shift coding student competition, has great advice for the next generation of innovators: Stay curious! https://t.co/GT9X5IgIvH
@codedbykids @sylvestermobley #CtrlShiftCBK
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When we asked our interns what they were hoping to gain from the summer, Teya T. told us “I envision this program helping me build upon necessary skills and habits to become successful in a career path in tech.” Follow along as we share more about the internship journey.
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The Plain Sight Capital Team will be attending #CollisionConf this year in Toronto. Excited to meet people from across the world and connect!
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📚Founders curious about the advice @ycombinator gives founders: check out the graphic below.
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What makes #CodedByKids special? Volunteer and judge MaiAda Carpano got to see first hand during this year’s #CtrlShiftCBK competition just how talented and passionate our students are. Learn more about them and their CBK experience here: https://t.co/jnmLqPZvvB
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#CtrlShiftCBK is about more than learning to code. Hear from a few of our students in this video and read more about the experience in our latest blog post: https://t.co/jnmLqPZvvB
#CodedByKids #CodingCompetition #TechEducation #EquityInTech #PhillyTech #YouthDevelopment
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💰 Women founders: @wearewvs has opened up apps for their pitch competition where you can win $10K in funding. Learn more and apply by 6/16. https://t.co/hRT0I9jUKR
womensventuresummit.org
VIRTUAL EVENT | EVERY THURSDAY IN AUGUST 2023 Fearless Funding — Be Bold. Take Risks. Invest. Each Thursday in August 2023 viewers from across the nation joined us for five Live Pitch competitions...
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Also pray that RenderATL maintains its strong techie/engineering focus. 🙏🏾 Yes there are other Black tech conferences but this is the most Black engineers I’ve seen in one place besides NSBE. This was really great.
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Are you attending #RenderATL on May 31st? Our team will be hosting a dinner to bring founders and investors together. If you are interested in attending the dinner, please complete the form that can be found via the link below. https://t.co/kGwfpPnw30
mjj6sh35c31.typeform.com
Are you attending #RenderATL in Atlanta, GA, on June 1st? Join the Plain Sight Capital Team as we host a dinner to bring founders and investors together!
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📊 VCs and LPs: the IRRs of VC funds for the three-year, five-year, and 10-year horizons are 26.8%, 22.8%, and 16.6%, respectively. For context, most big investors are happy with yearly returns of 7% to 10%.
techcrunch.com
While it's unclear what the future will hold, funds near maturation were actually doing pretty well so far.
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Think you can just walk into @jpmorgan and open an account as an emerging fund manager? Think again. The big banks don't want our fund business. They require crazy minimums making it out of reach for most of us. Literally hundreds of fund managers are scrambling to figure out
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Have you read Sylvestor Mobley's ImpactPHL Perspectives to learn about his long-term strategy to unlock equitable access to opportunity: https://t.co/tVa0Nvgj4K Congrats, @sylvestermobley, for being named as a Black investor changing the VC industry!
businessinsider.com
Black VCs got about 2.1% of the overall funding the US VC industry brought in last year, in what was a record fundraising year, recent data shows.
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Heading to @SXSW this weekend? Make sure to visit #1Philadelphia at the @AmplifyPhilly House! Bringing the best of Philly to #SXSW2023, #AmplifyPhilly has 2 days of meetups, speakers, sponsored happy hours & Philly-themed music showcases. Full schedule: https://t.co/jpdBPQL6vb
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Did you know that in 2022 Black founders in the US raised 1% of total venture capital funding? This is why programs like the CBK Ventures Pitch Competition are so important to give underrepresented tech founders the opportunities they need. #BlackHistoryMonth #BlackFuturesMonth
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