Lolita Taub
When she joined Baltimore-based Catalyte last year, Lolita Taub brought an investment background, with a focus on underestimated founders. This fall, she is applying that experience with an additional venture as cofounder and general partner of the Community Fund. The $5 million early-stage fund is backing community-driven companies that value a human-centered approach.
“The way we see it is humans are craving community more than ever,” Taub said in a recent interview for Off the Sidelines, an investor education podcast produced by Technical.ly and sponsored by Project Entrepreneur, a program by UBS. “The platforms to connect each other are here, and we all need to get scrappier on how we sell. We believe that doing it through community adds a lot of differentiated value.”
The Community Fund, which Taub launched with investor Jesse Middleton of Flybridge after they met on Twitter, is looking to invest in companies that cultivate bonds among their customers, and do more than sell a product. The companies create models that are centered around people, where the community can be the product or there’s a community around the product.
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