LA Venture: The Fund LA's Raina Kumra Breaks Down What She Looks For In Entrepreneurs

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+ Shift.com, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.

On this week's episode of the L.A. Venture podcast, meet Raina Kumra. She recently joined The Fund L.A. as a partner, where she works alongside last week's guest, Anna Barber.


Kumra is also a serial entrepreneur, and has over 15 years of branding and scaling expertise. She is the co-founder of Mavin, a "mobile startup focused on affordable internet access" in India.

She's also the CEO of Santa Monica-based Juggernaut, a company focused on "digital design and disruption" that has worked with both The Walt Disney Company and the federal government.

Kumra has a history of working in civic tech. She worked with the Obama administration, and was the senior new media advisor in the State Department's Office of eDiplomacy. She also worked with the Biden-Harris transition team, advising on leadership within the U.S. Agency for Global Media.

Despite her various ventures, she remains focused on building up ethical tech, sustainability and prioritizing the L.A. startup community.

On the rest of this episode, Raina shares some projects she's currently working on, thoughts on the future of ethical tech, and some questions she likes to ask entrepreneurs.

Raina Kumra is the CEO of Juggernaut, a partner at The Fund L.A., serves as an advisor for the moonshot factory, and is on the board of Nix Hydra Games. Her work has also been published in several journals and is part of MoMA's permanent collection.

"I think it's the 'terms of service' that is one of the most depressing norms in the tech industry of everyone just copy-pasting some sort of generic terms of service instead of sitting down and really thinking about it as an opportunity for your brand, an opportunity for your product to make a deeper connection and be more honest and transparent." — Raina Kumra

dot.LA Engagement Intern Colleen Tufts contributed to this post.

Want to hear more from L.A. Venture? Listen on Apple Podcasts, Stitcher, Spotify or wherever you get your podcasts.

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Spinn Raises $20M For a More Sustainable Home-Brewed Coffee

Bernard Mendez
Bernard Mendez is an editorial intern at dot.LA. He attends UCLA, where he is pursuing a bachelor’s degree in applied mathematics. Mendez was previously an editor at the Daily Bruin, the student newspaper at UCLA.

One Los Angeles-based coffee startup is hoping to put a new spin on at-home coffee making.

Spinn makes a coffee brewing machine that uses a unique "centrifuge process" and offers coffees from a variety of vendors — without relying on wasteful packaging that its competitors use.

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Olympics Numbers Are Down for NBC, But the Games Have Just Begun for Peacock

Sam Blake

Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

Cynics are having a field day with the tepid audience that watched Friday's Olympics opening ceremony on NBC.

The data show a 36% decline from the 2016 Games across all NBC's platforms, which include its linear TV channel, Peacock and NBC Sports digital.

On the other hand, the network said Saturday brought Peacock record viewership.

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samblake@dot.la

'It's So Prevalent': A Labor Rep on Gaming's Culture of Harassment and Discrimination

Sam Blake

Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

When labor organizer Emma Kinema saw a tweet pop up on her feed saying that California is suing Activision Blizzard for workplace harassment, she said she felt heartened.

To her recollection, it's the first time such a large state agency has targeted a big player in gaming to try to fix a toxic culture problem that has plagued the industry for years. But it wasn't surprising to Kinema. For over five years, she's been working with the Communications Workers of America to organize gaming workers and calls this type of discriminatory culture "pervasive."

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