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 the Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and is the founding campus of the University of California system.

The University of California, Berkeley College of Engineering is the public engineering school of the University of California, Berkeley. Established in 1931, it occupies fourteen buildings on the northeast side of the main campus and also operates the 150-acre (61-hectare) Richmond Field Station. It is also considered highly selective and is consistently ranked among the top 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

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<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.

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

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The history of the University of California, Berkeley, begins on October 13, 1849, with the adoption of the Constitution of California, which provided for the creation of a public university. On Charter Day, March 23, 1868, the signing of the Organic Act established the University of California, with the new institution inheriting the land and facilities of the private College of California and the federal funding eligibility of a public agricultural, mining, and mechanical arts college.

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

01918791272 Bkash 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">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.

Portfolium, Inc. is an American social networking platform company that allows university students and recent graduates to connect with businesses and employers and present their previous academic work and projects to supplement their resumes. The company was founded in 2014 and acquired by Instructure in 2019.

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