Stacy Brown-Philpot is one of the very few Black women to have led a major Silicon Valley tech company (TaskRabbit) and then intentionally parlayed that operating experience into founding the SB Opportunity Fund, giving her an unusual combination of late-stage operating leadership and early-stage investing focused on underrepresented founders. She brings a rare combination of big-tech operating experience (Google), marketplace/gig-economy CEO experience (TaskRabbit), and multi-board leadership (e.g., Nordstrom, HP, StockX) into her investing, giving her a perspective that spans consumer marketplaces, brand, retail, and enterprise technology in a way that is not typical for most early-stage VCs.
What they've been talking about across their social media accounts

- Deep commitment to advancing diversity and equity in the tech ecosystem, frequently highlighting initiatives that support underrepresented groups. She actively champions organizations like Black Girls Code and was thrilled to join the founding team of the SoftBank Opportunity Fund to back Black and Latinx founders.
- Interest in the evolution of the gig economy and the future of work. She often reflects on her time leading TaskRabbit to discuss how platforms can set better standards and keep humanity in the equation, sharing insights from podcasts with industry leaders like Reid Hoffman and Eric Schmidt.
- A focus on building healthy, inclusive workplace cultures and developing strong leadership skills. She enthusiastically recommends management resources, such as Kim Scott's books Radical Candor and Just Work, which focus on eliminating bias and communicating effectively within teams.
- Support for social impact ventures and community-driven entrepreneurship. She has promoted Detroit-based startups and encourages backing organizations that tackle recidivism, such as Defy Ventures, or support the homeless through nonprofits like Caring and Enriching Hearts.
About their Fund
Sectors
Under-represented founders, Fintech, Enterprise, Health, SaaS
Rounds
Pre-Seed - Series A
Avg Check Size
$100K - $1M
Notable Investments
SoftBank's $100M fund based in Miami and launched in 2020 to invest in Black, Latinx and Native American entrepreneurs and give them access to SoftBank Group’s network Today, SB Opportunity Fund’s 70+ portfolio companies include Miami tech companies Quicknode, Eight Sleep, Heru, Lula, Lumu, Mean DAO, Ontop
Notable Fund
Investments
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