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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Behind Her Empire: Hitha Palepu on Women Founders and the 'True' Failure

Yasmin Nouri

Yasmin is the host of the "Behind Her Empire" podcast, focused on highlighting self-made women leaders and entrepreneurs and how they tackle their career, money, family and life.

Each episode covers their unique hero's journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what's possible & inspire you to create financial freedom in your own life.

Rhoashan Pharmaceuticals CEO Hitha Palepu joins this this week's Behind Her Empire to talk about how she became an angel investor focused on women-founded businesses and her latest book, "We're Speaking: The Life Lessons of Kamala Harris."

Palepu is the daughter of immigrants who came to the U.S. from India. Her father lost his hearing when he was 10 years old. He got through school by lip reading; it wasn't until he arrived in the states he got his first hearing aid.

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Netflix Employees, Counterprotesters Clash in Tense Walk-Out Over Dave Chappelle Special

Samson Amore

Samson Amore is a reporter for dot.LA. He previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Samson is also a proud member of the Transgender Journalists Association. Send tips or pitches to samsonamore@dot.la and find him on Twitter at @Samsonamore. Pronouns: he/him

Dozens of Netflix employees and LGBTQ supporters walked out of the streaming giant's offices in Hollywood this morning in protest of comedian Dave Chappelle's incendiary new special "The Closer." They were met by a group of Chappelle supporters who carried signs like "jokes are funny" and things quickly turned tense.

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The Pandemic Was Good to Wine-Seller Winc, But There Are Big Challenges Ahead

Harrison Weber

Do you know something we should know about L.A. tech or venture capital? Reach out securely via Signal: +1 917 434 4978.

Harrison is dot.LA's senior finance reporter. They previously worked for Gizmodo, Fast Company, VentureBeat and Flipboard. Find them on Twitter: @harrisonweber. Send tips on L.A. deals to harrison@dot.la. Pronouns: they/them.

Buoyed by a surge in sales during the pandemic, Playa Vista-based wineseller Winc aims to raise as much as $92 million in a public debut that's anticipated this week.

The 10-year-old company expects to price its IPO between $14 and $16 per share and has applied to list on the New York Stock Exchange under the symbol "WBEV."

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