Caroline Winnett

Last updated
Caroline Winnett
Caroline Winnett SkyDeck (c)MarlaAufmuth 2019 2MA8501.jpg
Alma mater
Occupations
  • Accelerator Director
  • Investor
  • Serial Entrepreneur
Employer Berkeley SkyDeck
Known for NeuroFocus
Title Executive Director
Board member of Cal Performances, Embee Mobile

Caroline Winnett is the executive director of the Berkeley SkyDeck startup accelerator at the University of California, Berkeley. [1] She is a serial entrepreneur, civic activist, angel investor, advisor and board member of several startups, and a frequent speaker on startups, accelerators, women in business and consumer neuroscience. [2] [3] [4]

Contents

Education

Winnett attended Brown University as an undergraduate and got her violin performance degree in 1984 from the Indiana University School of Music. [5] [6] In 1990, Winnett earned her MBA from the Berkeley Haas School of Business. [7] In a 2018 interview, Winnett said that she created her own major in Entrepreneurial Operations because at that time there were no programs at Berkeley for entrepreneurs. [8]

Civic activism and Berkeley landmarks

Save Berkeley Iceland

In 2008, Winnett was a founder and spokesperson for Save Berkeley Iceland, advocating for the preservation of the 67-year old Olympic-sized historical ice rink in Berkeley, California. [9] [10] She appeared on local NBC News to raise donations and also petitioned the city council. [11] Winnett and the group were able to raise $50,000 and advocated turning the rink into a nonprofit, but in the end were not able to save the rink from closure. [12]

SkyDeck signage petition

In July 2017, Winnett successfully petitioned the Berkeley city council after a 10-month review process to approve signage on the tallest building in downtown Berkeley, formerly known as the PowerBar building or the Chase Building due to previous signage. [13] The highly-debated building signage named the building "SkyDeck" after Winnett's nonprofit organization, the Berkeley SkyDeck accelerator located on the penthouse floor. [14] Those opposed to the petition argued that the signage was "advertising" and not architectural, while advocates including Winnett argued that the name SkyDeck reflected the Berkeley spirit of innovation. [13] In the end the SkyDeck Building petition was unanimously approved by the council. [13]

Career

NeuroFocus

In 2006, Winnett co-founded startup NeuroFocus, a company that measures how consumers react to advertising using neurological measurements using EEG sensors. [15] [16] [17] Nielsen Holdings acquired NeuroFocus in 2011. [2] [15] [17]

UC Berkeley SkyDeck

Winnett joined Berkeley SkyDeck as executive director in 2015, three years after its original founding as a mentoring space. [18] [19] [20] As the new director, Winnett added staff and worked to partner with the resources already in place at Berkeley. [7] With a colleague, Winnett helped to secure a $150,000 grant to build The Berkeley Startup Network platform so that startup resources at Berkeley would be accessible in one place. [21] In a 2018 interview with Xconomy, Winnett noted that the number of SkyDeck startup advisors had increased from 30 to 140, and that the penthouse accelerator had also taken over an additional floor of the high-rise building it was housed in, located next to Berkeley campus. [13] [22] [23]

In Spring 2018, Winnett and SkyDeck raised a $24 million oversubscribed venture fund from investors Sequoia Capital, Mayfield, Sierra Ventures and others. [19] Managed by Winnett's colleague Chon Tang, the Berkeley SkyDeck Fund began offering $100,000 each to startups in return for 5 percent ownership, beginning with a cohort of 20. [23] [24] In a 2019 blog, Winnett expressed a goal that the Berkeley SkyDeck Fund would bring $1 billion in revenue to UC Berkeley in the future. [25]

Cal Performances

Winnett also serves on the Board of Trustees for Cal Performances, a UC Berkeley performing arts organization. [26]

Public Speaking

Winnett was the opening speaker at the 2020 Taiwan-US Innovation Forum, and urged companies in the 2020 COVID-19 pandemic environment to "focus on the basics", "don't be afraid to change course", and "look for new opportunities". [27] Winnett has also spoken at venues such as the Milan Innovation District and the Rhodes House at the University of Oxford talking about the future of work and innovation. [28] [29]

Related Research Articles

<span class="mw-page-title-main">University of California, Berkeley</span> Public university in Berkeley, California

The University of California, Berkeley is a public land-grant research university in Berkeley, California. Founded in 1868 and named after Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and the founding campus of the University of California system. Berkeley is also a founding member of the Association of American Universities. It has been regarded as one of the top universities in the world.

<span class="mw-page-title-main">University of California, Davis</span> Public university in Davis, California

The University of California, Davis is a public land-grant research university in Davis, California, United States. It is the northernmost of the ten campuses of the University of California system. The institution was first founded as an agricultural branch of the system in 1905, known as University Farm, and became the seventh campus of the University of California in 1959.

The University of California, Berkeley College of Engineering is the engineering school of the University of California, Berkeley. The college occupies fourteen buildings on the northeast side of the main campus and also operates the 150-acre (61-hectare) Richmond Field Station. Established in 1931, the college is considered to be one of the most prestigious and selective engineering schools in both the nation and the world.

A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above.

<span class="mw-page-title-main">Y Combinator</span> American startup accelerator

Y Combinator Management, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 4,000 companies. The accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. Companies started via Y Combinator include Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Reddit, Stripe, and Twitch.

<span class="mw-page-title-main">California Institute for Quantitative Biosciences</span>

The California Institute for Quantitative Biosciences (QB3) is a nonprofit research and technology commercialization institute affiliated with three University of California campuses in the San Francisco Bay Area: Berkeley, San Francisco, and Santa Cruz. QB3's domain is the quantitative biosciences: areas of biology in which advances are chiefly made by scientists applying techniques from physics, chemistry, engineering, and computer science.

Techstars is a pre-seed investor that provides access to capital, mentorship, and other support for early-stage entrepreneurs. It was founded in 2006 in Boulder, Colorado. As of January 2024, the company had accepted over 4,100 companies into its accelerator programs with a combined market capitalization of $106bn USD. Techstars operates accelerator programs in the Americas, Europe, the Middle East, Africa, Asia, and Oceania.

<span class="mw-page-title-main">500 Global</span> U.S. startup accelerator

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.

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<span class="mw-page-title-main">Eric Ries</span> American entrepreneur

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<span class="mw-page-title-main">9gag</span> Social media website

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<span class="mw-page-title-main">Brad Feld</span>

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The Alchemist Accelerator is a venture-backed accelerator focused on the development of seed-stage ventures that monetize from enterprises. Alchemist's backers include Khosla Ventures, DFJ, Cisco, Siemens, GE, and Salesforce, among others. The accelerator seeds around 75 enterprise-monetizing ventures per year.

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<span class="mw-page-title-main">M12 (venture capital)</span> American corporate venture capital subsidiary of Microsoft

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<span class="mw-page-title-main">Pieter Abbeel</span> Machine learning researcher at Berkeley

Pieter Abbeel is a professor of electrical engineering and computer sciences, Director of the Berkeley Robot Learning Lab, and co-director of the Berkeley AI Research (BAIR) Lab at the University of California, Berkeley. He is also the co-founder of covariant.ai, a venture-funded start-up that aims to teach robots new, complex skills, and co-founder of Gradescope, an online grading system that has been implemented in over 500 universities nationwide. He is best known for his cutting-edge research in robotics and machine learning, particularly in deep reinforcement learning. In 2021, he joined AIX Ventures as an Investment Partner. AIX Ventures is a venture capital fund that invests in artificial intelligence startups.

Berkeley SkyDeck (SkyDeck) is a high-tech entrepreneurship startup accelerator and incubator program at the University of California, Berkeley serving as a joint venture between the Haas School of Business and Berkeley College of Engineering. Founded in 2012, SkyDeck promotes high-tech entrepreneurship in the Silicon Valley.

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