Auctions and Women Entrepreneurs

Last week I was one of the many busy volunteers who helped pull-off the once-a-year Forum for Women Entrepreneurs auction and fundraising dinner in Palo Alto. I was in charge of the “for the family” items – things like hand-knit afghans, photography sessions, and crafts projects. Got a lot of VCs and lawyers I know to “bid up” – I wasn’t satisfied until I got at least double the “suggested list price”. More fun than a term sheet, since there isn’t any triple liquidation preference on a scrapbook – or maybe they just haven’t thought of that yet.

Susan Hailey, FWE CEO, is a real kick – fun, sharp, and quick-witted. I met her at a Buck’s lunch in Woodside, and was impressed at how she’d taken a pretty much bankrupt organization that had lost direction after the bubble burst and suffused it with purpose and cash. You’ve got to have a lot of confidence to inspire confidence in others, and she has all that and more.

So, what were the real neat items that the VCs bought?

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Lynne Jolitz is a Silicon Valley OS pioneer, inventor, and startup founder.

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