The FBomb Breakfast Club began with a blog post in 2016 and grew into a wildly supportive community of women founders – over 5,000 at its peak. The Club’s Pitches 2 Bitches business pitch competition became a not-to-miss annual ritual that crowned the community’s most promising new business venture. It turned out, FBombers were pretty good at spotting promising ideas. Each P2B winner went on to do great things. And nearly every one of them said that the struggle to get her hands on capital in those early days, before proof points and traction, posed an existential threat to her new business.

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We looked at each other and realized – the money is in the room.

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If there’s one thing we learned in all those years of connecting thousands of women, it’s that when women come together, whatever we need is probably already in the room. The expertise. The wisdom. And, yes, even the money.

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​We launched the FBomb Angels Investment Club as an experiment. Could we find enough women within our community with the capacity, the qualifications, and the readiness to start writing checks to early stage companies founded by women? The answer was a resounding YES. So we ran a couple of successful pilots, made some collaborative investments together, then spun the Club out on its own to start building a new community.

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After the spinoff we ran 4 more early-stage investment competitions and invested $524.5k together into 6 companies. We call that a success.

We won’t be running any more pitch competitions. We no longer believe they are the most effective way to find great companies or the best way to give new investors hands-on learning. 

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Instead, we will continue to meet to learn, share, and stay connected to the progress of our portcos.

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And the best place to find the 40 of us who passed through FBomb Angels is out in the wild, where we will be putting what we learned to work continuing to help women investors get better returns while getting more early stage capital flowing to women.

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Thank you for being a part of this ride. We loved (almost) every minute of it.