JCPenney Suit-Up Event

Please join the IUP Career and Professional Development Center/JCPenney Suit-Up Event being held on Sunday, September 16, 2018 from 5-8 p.m. at JCPenney in the Indiana Mall, when the store is open for only IUP students, faculty, and staff! They are looking for faculty/staff volunteers to assist the students during the event (practice saying, “That suit looks GREAT on you!”), plus you will receive a free Suit-Up Event t-shirt!
The first Suit-Up event during the fall semester was a fun event for students and IUP faculty/staff volunteers, with door prizes, free salon consultations, etc., and that all-important 40% business-attire discount for everyone.
It is also encouraged for students to attend! Students should fill out the registration form for the event (indicate Suit-Up under “Event You Plan to Attend”). They will provide a free shuttle bus every 15 minutes between Pratt Hall and the mall, since Indigo bus service stops running to the mall at 5 p.m.
 
If you would like to volunteer, please email Jan Shellenbarger (jans@iup.edu) or Kelsey Thompson (kthomps@iup.edu) with your availability and your t-shirt size.

Why Venture Capital Can Be a Trap for Entrepreneurs

Venture capitalism is glamorous. But is it smart? Securing a huge series A investment round can get founders on the covers of magazines, but VC can take as much as it gives. CEO of Brava Investments Nathalie Molina Niño offers a straightforward piece of advice to all entrepreneurs: “Do not take venture capital from any investor, no matter what terms they’re giving you, unless you’re willing to be fired from your own company,” she says. For female and minority entrepreneurs, this advice is even more important—yet so much harder to follow once you know the stats. Female-founded companies currently get just 2.5% of all venture capital. For women of color, that number drops down to 0.2%. If this underfunded (and potentially desperate) group accepts poor venture capital packages with horrible terms, it can only end in disaster, Molina Niño warns. “It’s going to produce a whole series and maybe even a whole generation of entrepreneurs that were disproportionately more likely to fail… They’re going to look at stats that simply say that women and people of color fail at a greater rate than anyone else.” While venture capital is the most romanticized type of investment, Molina Niño outlines several fundraising alternatives that let founders stay in control of their companies. This is the advice every entrepreneur, regardless of demographics, needs to hear. Nathalie Molina Niño is the author of Leapfrog: The New Revolution for Women Entrepreneurs

https://bigthink.com/videos/nathalie-molina-nino-why-venture-capital-can-be-a-trap-for-entrepreneurs