

#39 - Danielle Strachman, Co-Founder & GP at 1517
6 snips Aug 21, 2025
Danielle Strachman, co-founder and General Partner at 1517 Fund, shares her insights on empowering young entrepreneurs through mentorship and small grants. She highlights incredible success stories, like a young innovator transitioning from ice cream to freight forwarding. Danielle discusses the balance of frugality in startups, the importance of individualized education, and the crucial role of community support amidst challenges. Her experience sheds light on the transformative power of belief capital and creative collaboration in the startup ecosystem.
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Nudge Grants Multiply Early Momentum
- Give young makers small, unconditional funds to nudge projects forward.
- Belief capital (e.g., $1,000) unlocks momentum and external interest quickly.
$1,000 Led To TechCrunch Traction
- A high-school founder used a $1,000 nudge to start freight forwarding after an ice cream business.
- That check helped him reach TechCrunch Disrupt and attract investor interest.
Dorm Room Algorithm Became DeepGram
- DeepGram began as a Medici project from a University of Michigan dorm-room conversation.
- Danielle met the founder while staying at a Shift house and later funded the project.