This Week in Startups Accelerating leadership - Chief Co-Founder & CEO Carolyn Childers on raising $100M Series B, building a women's executive network and more | E1463
May 18, 2022
Carolyn Childers, CEO and co-founder of Chief, shares insights on her mission to empower women in leadership roles. The conversation delves into building a thriving women’s executive network that emphasizes genuine connections and support. Carolyn discusses the impressive $100 million Series B funding and how Chief plans to enhance member experiences with technology and community spaces. She also addresses the unique challenges women face in the corporate world and how word-of-mouth marketing has driven their growth.
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Core Group Value
- Chief's core groups provide deeper, authentic conversations than casual networking.
- These groups of 10 offer support and a safe space to discuss professional and personal challenges.
Core Group Curation
- Initially, Chief tried curating groups based on similar challenges, like business scaling.
- They realized that focusing on leadership development, applicable across functions, was more effective.
Membership Value
- Chief's high membership fee ($5,800-$7,900 annually) is often company-sponsored.
- This reflects the value companies place on executive development, comparable to individual coaching costs.