Coca-Cola Founders

Food Security Is A Huge Problem Worth Solving

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As you may know if you have been following this blog, the goal of Coca-Cola Founders is to help solve some of the Coca-Cola’ system's biggest growth challenges by partnering with experienced entrepreneurs. Like other established companies, Coke is great at developing solutions using our existing capabilities, but emerging technologies and business models are still largely being designed by external entrepreneurs. Coca-Cola Founders is a partnership

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Unum and Colonial Life Tap Wonolo to Build On-Demand Workforce

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Wonolo, an on-demand staffing platform backed by and co-created with the Coca-Cola Founders program, is now helping two insurance industry leaders fill their immediate labor needs. Unum and Colonial Life are now using the Wonolo platform to access on-demand talent through qualified, pre-vetted, local benefits counselors. Colonial Life and Unum depend on benefits counselors who hold face-to-face sessions with potential clients to help them understand

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3 Things I’ve Learned as a Corporate VC

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After reading Semil Shah’s two recent posts on “Reflecting on the first 100 investments” and “Investment lessons from Howard Lindzon,” I was inspired to share three lessons I have learned over the past three years as part of the Coca-Cola Founders team. For those who are not familiar with what we do, Coca-Cola Founders operates like a traditional early-stage VC fund. But we aren’t exactly like a VC fund for two reasons: We invest off the balance

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3 Reasons We Co-Create With Entrepreneurs

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One of my family’s favorite places to go is Disney World. We’ve been going every year since my daughters were very young. One big improvement Disney has made in recent years is the launch of what they call the MagicBand. WIRED published an article which tells the story much better than I can. If you want the longform, be sure to read it. The shortform is that the MagicBand is a simple, rubber wristband that vastly improves the user experience.

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Why Disruptive Innovation is Disruptive

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Marketing Week just named 100 of the most disruptive brands in 2016. Wonolo and Winnin, two of our Coca-Cola Founders portfolio companies, were included. This is awesome for them, but it also validates what we’re trying to do through our platform: create disruptive innovation. Disruptive innovation is very difficult for big, established companies. In this post, I’ll go deep into how big companies think about innovation and just

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How Big Companies Can Work With Startups

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I recently had the opportunity to present to a group of senior HR executives at a Fortune 500 company about the emergence of on-demand services and its impact on the future of work. Somehow, our discussion switched over to a different topic: what large companies could learn from startups and how they could collaborate with them. They wanted to understand how to make decisions quickly, stay nimble, and continue innovating.    Leaders from

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Weex Closes Series A: Another Proof Point for Coke’s Co-Creation Approach to Building Startups

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Weex, Mexico’s pioneering MVNO (Mobile Virtual Network Operator) for Millennials, closed its Series A Round this month, including funding from ALLVP, one of Mexico’s leading early-stage venture firms. This is great news for Weex and ALLVP, but it’s also another proof point that we’re onto something big with our Coca-Cola Founders platform. In the life of a startup, closing a Series A Round is an important milestone. It means that the startup

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Coca-Cola Founders-backed Wonolo Raises $5.7 Million: Why is the Startup's Series A Round a Big Deal?

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On the surface, Wonolo’s recent Series A round of funding might not seem like a big deal. But it is, and here’s why. Wonolo was co-created by its founders and The Coca-Cola Company. Wonolo wasn’t simply backed by the company; it was actually co-created with Coca-Cola. We believe this co-creation model can create the next wave of innovation, especially for big, multinational, non-tech companies. Two years ago, we began designing the model to create

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Winnin the Web: How Coca-Cola is On Track to Reach 50 Million Millennials Online Via a Brazilian Startup

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In late 2013, Coca-Cola launched a platform that connects serial entrepreneurs with its vast resources to launch seed-stage startups together. The goal of Coca-Cola Founders is to create a “win-win”— to simultaneously grow Coca-Cola’s business while helping founders grow their own company. The program has since designed 13 companies in 11 countries with a combined portfolio value of more than $50 million. “But that valuation is not even

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7 Questions with Coca-Cola Co-Founders Jason Hosking and Franki Chamaki

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Today we introduce you to two Coca-Cola Co-Founders based in Sydney, Australia. Franki Chamaki (above, right) has brought his expertise in open innovation, crowdsourcing, lean startup development and design thinking to multiple successful startups over the years. Jason Hosking’s experience, meanwhile, spans strategic consulting, venture capital management and disruptive innovation. Through Coca-Cola Founders, Franki and Jason are building Vending

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