Over the past few days, there has been a myriad of media coverage on the closing of the Coca-Cola Founders Program. Many articles alluded that the program was “one of” hundreds of corporate incubators and accelerators trying to ride the startup wave and appear “innovative”.
It seemed as if many had the preconceived notion of Coca-Cola’s efforts that it was just a "me, too" move or an internal pet project to appear more relevant
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
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
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
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.
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
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.
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
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
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