Eric Weaver on KPFA radio: Community Reinvestment Act
Opportunity Fund founder Eric Weaver was on KPFA radio discussing the Community Reinvestment Act.
Read StoryLuz Urrutia’s Dedication to Opportunity
When Luz Urrutia speaks, you listen. Indeed, she’s as direct, poised and knowledgeable as CEOs come — and her delightfully distinctive voice could easily command any room — but it’s her passion that pulls you in like a vortex. It comes from a deep understanding of, and shared experience with, the communities she’s catapulting toward financial success.
Read Story‘Buyer Beware’ Is No Way To Fund A Small Business
Two trends are coalescing in ways that threaten the nation's small businesses, particularly the underrepresented women, minorities, veterans and immigrants for whom entrepreneurship represents both a chance at personal achievement and a way to climb the economic ladder.
Read StoryImmigrant lands contract to sell tamales at Warriors’ new basketball arena
Alicia Villanueva started selling tamales door to door, now this Mexican immigrant has hit a major milestone with Opportunity Funded ‘Alicia's Tamales Los Mayas’. She signed a contract to sell tamales at the Golden State Warriors’ new arena in San Francisco. Luis Megid shares her story.
Read StoryCommunity Opportunity
September 2019 — Access to capital and opportunity is a critical challenge for many low- and moderate-income groups in the US, as Deutsche Bank’s Community Development Finance Group explains to Neil Jensen.
Read StoryForget Unicorns: As More Tech Companies Go Public, It’s Time To Celebrate Workhorses
In the world of Silicon Valley venture capital, you’re expected to chase the elusive, the lucrative, the transformative. This could be the killer app or the unicorn startup. Opportunity Fund's CEO, Luz Urrutia, suggests venture capitalists start to think about more than chasing unicorns. Instead of solely focusing attention, and capital, on rarefied billion-dollar companies, the industry should emphasize investing in the familiar, the everyday, the essential — the millions of small businesses that undergird people’s daily lives. These can include neighborhood restaurants, cafés and bakeries; home health agencies; house cleaning services; daycares; and auto detailers. In other words, it’s time to support the workhorses, not just the unicorns.
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