Julie MacMedan - Women Founders Network
Women Founders Network provides capital, visibility and mentorship for female founders. Our annual Fast Pitch competition awards cash and services to women entrepreneurs.
Entrepreneurship, Innovation, Accelerator, Women entrepreneurs, Startup, Women in Business, Social Entrepreneurship, Venture Capital, Women in Technology, Startup Competition
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Julie MacMedan

Background

I am currently the head of investor relations for Tailored Brands, Inc. a NYSE listed retailer that owns The Men’s Wearhouse and Jos. A. Bank, among other brands. Throughout my career, I have been the head of investor relations for consumer facing companies, including an internet publisher and interactive entertainment company. I began my career at the Nasdaq Stock Market where I listed initial public offerings (IPO’s) and gained expertise in U.S. capital markets. I am passionate about our capital markets and funding growth companies that drive our economy and create jobs for thousands of employees.

Q: Why did you join the board?
A: The groundswell of startup activity in LA’s Silicon Beach demonstrated the potential for Los Angeles to be one of the leading springboards for new companies. However, the vast majority of funding was going to companies led by men. Together with other like-minded women professionals I co-founded WFN. We saw a need to educate, provide visibility, mentor, make connections for and invest in early stage women-led startups.

Q: What have you learned?
A: Every year the quality of our applicants improves. More women than ever before are forming companies with a goal of growing beyond a lifestyle business. Successful startups can be led by young women recently out of college as well as more seasoned business veterans who want to strike out on their own. I have also learned the importance of setting an example for the next generation of women – our Junior Judges program is inspiring young women to dream big.

Q: What most excites you about WFN?
A: The fact that we can make a direct impact with entrepreneurs. We are helping women at the earliest stage of growth so in most cases, they need substantial outside support to get to the next level. Since we formed WFN four years ago, we have directly awarded or invested in our finalists $485,000 in cash and professional services. Many of these companies have gained mentors through our board and have gone on to raise more than $37 million after the competition.

Q: What types of startups really excite you?
A: I get most excited when I believe in the founder. She is solving a real problem in a new way. She is attacking a large addressable market and is creating distinct advantages to build a competitive moat around her business. Her business model is “sticky” and scalable, with high gross profit margins that enable her company to grow into its potential.

Q: A few tidbits and random facts:

  • My mother was a strong role model who encouraged me to compete in sports and to pursue a career in business
  • My husband and I bonded over Bugs Bunny cartoons and we haven’t stopped laughing since
  • I can’t cook to save my life but I know a bit about wine, having passed the WSET Level 2 certificate in wine and spirits education