YouSaid · the spoken record

Daryn Dodson

lines on the record
69
first
2020-12-14
most recent
2020-12-14
sittings or episodes
1
sources
podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

  1. “One of the profound things that happened when we were organizing at Stanford to bring down students and eventually that led to me to move to New Orleans was I wrote a number of letters while I was at Stanford to alums in seeking support for the student teams in the city of New Orleans. And one of those letters was to Jim Coulter, the founder of TPG and his family. They had a powerful connection in New Orleans but wanted as a trustee of Stanford Jim as well, wanted to support something that was using entrepreneurship and innovation to rebuild the city. And I think part of what happened each year is that we ended up creating on the platform of the idea village an entire challenge to identify”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “The entrepreneurs varied widely from butchers and slim goodies, one of the diners in New Orleans, Dookie Chase, Leah Chase, who created and is known as the grandmother of Creole Cooking, was a part of that portfolio, essentially a cultural ambassador. And one of the reasons why helping entrepreneurs in that portfolio were so critically important at that time is I can remember like it was yesterday Leah Chase was interviewed in the time where the government at all levels, the city”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “And the day I started Stanford Business School Hurricane, Katrina hit New Orleans, and myself and many of my classmates got together and wanted to do something about that. And that began a two-year process of 70 of us going to New Orleans and working with early stage entrepreneurs. And then I eventually moved there for three years and hosted a program as a part of a small nonprofit in New Orleans that's called the Idea Village. And we had about 900 entrepreneurs that we worked with and brought in 1,000 leaders from around the world to help and deliver expertise and advice to fight back against the storm, get people back on their feet, rebuild their businesses and the tax infrastructure of the city.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “That's right. After doing anti-predatory lending work for three years in policy, I ended up going to Stanford Business School where I worked on trying to understand how to create businesses that would not destroy the net worth of low-income homeowners and focus on unlocking this hidden potential within the economy and helping people to see things like the lifetime value of a customer across race and not inhibited by the race of the customer.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “And leverage that home to create a business. And in my first job at the Center for Responsible Lending, what I saw was a systematic abstraction of wealth from home ownership and the number one way in which people reached the middle class. As a result of predatory loans, essentially, and these loans would overcharge people because they were black or Hispanics, which was basically a specific hit on the American dream that was powerful to have opportunity to work with 60 attorneys on trying to develop statewide frameworks of which we passed a number of them in 2002 to 2005 to stop that to the tune of $9.1 billion a year in savings for those that were overcharged in that process of buying the biggest purchase of their lives.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “And it turned out that the word was focus. He said, And I think that that's always been a word that has stuck with me since Walter Benson shared it with us in the class at that time that has guided my entrepreneurial mindset. When I ended up going to Duke, spent some time working with the student government to try to build sustainability models and things of that sort through business endeavors. Immediately after leaving found ways to help unlock the dream of not only home ownership but business innovation within marginalized entrepreneurs at the self-help credit union and the Center for Responsible Lending. The barriers to creating businesses are enormous. And I thought businesses are one of the ways people can break the cycle of poverty. So is home ownership? And there's a big tie between the two. So if you can create a home or buy a home, you can.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “And this is when he had been taking some pretty heavy medicine to attack the cancer, and he would show up full 100% every day. And he drew a big F on the board as a chill kind of moved through the class. And then he drew a couple letters away, a C on the board. And then he turned to us and he said.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Story that I'll share is that in a program I did that taught young people entrepreneurship, it's called Nifty. It reached 270,000 kids around the world through that curriculum. And one of the things that I had the privilege of doing is having a teacher named Walter Benson, who was a luminary professor at Georgetown University, who was just incredible in terms of teaching all of us in his class who were 15, 16 years old like his life counted on it. He was in late stages of brain cancer when he was teaching us. And he just really poured into us some amazing tools and lessons. And one of those was, I remember the teacher and he were kind of at the board getting ready to write. And he said, well, what's the most important word in entrepreneurship?”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “So, when I was about 14 years old, I created a bagel sale at my high school in Washington, D.C. And it expanded to multiple other high schools. I also had a wonderful mentor that helped me understand business through running a carpet cleaning company when I was about 14, 15 years old. So by having the opportunities to really be exposed to a 30 or 40 person operation and company and seeing the difference that it made in the lives of people, we had a team that spanned West African Honduran, Russian, Czech, people from many different countries working together in a synergistic way to clean the largest hotels in the country. And that taught me a lot about sales processes. Leading people at an early age. And I was really excited by the idea of business and then also how business can make a difference in society and people's lives.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “It's so important to get bias out of the products and services and firms that are developing those critical interventions. And also it's really important upstream within investment ecosystems as people continue to grow up and be contributors to society. We need to unravel all of that, but I guess I need to start with what kind of superhero were you trying to be? I was probably trying to be Black Panther, but I didn't know it. I mean, we had one of the things that we're also working on.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “Within our firm in collaboration with Stanford University from one of the leading folks in the world on implicit bias that black boys are over expelled by Forex the rate of their white counterparts. And that does two things that end up in almost every industry and every academic program, governments across the US spectrum. And what that does is it artificially inflates the idea that students that aren't black boys or white students in class are doing something better when they aren't. And it automatically overdisciplines black students for doing the exact same thing. So it's powerful research. And that's one of the insights that is true not only within early K-12 education, which is one of the areas I love to invest into in ed tech.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Equity and inclusion. Aaron, thanks so much for joining me. It's great to be here. I always love to start with someone's background, and my understanding is for you, we need to go all the way back to kindergarten. And maybe it's everything I ever needed to know I learned in kindergarten. Maybe it starts back there for you. Why don't you take me back to that one memory you have? So when I was in kindergarten in Washington, D.C., mostly white kindergarten, which I'll leave nameless, I was asked to leave kindergarten and it's spelled for running around the class like a superhero was what my mom keeps in her framed report card. And my parents took my side as a young black boy at the time and took me to another kindergarten that was more conducive to superheroes. But I would later learn in some of the research that we do.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “My guest on today's show is Darren Dodson, the founder of Illumen Capital, a venture fundifunds that seeks to invest in the best impact fund managers and takes them through a process to reduce implicit bias in their business and investing decisions. Our conversation covers Darren's early experience with discrimination, work backing more than 1,000 entrepreneurs in post-Hurricane Katrina, New Orleans, boardwork at impact-focused Calvert funds, and launch of Illumin. We discuss Illumin's three pillars of academic research, investing in the thesis and training managers across hiring, investing, and board selection, all with the aspiration to become better investors and take advantage of a huge inefficiency in capital allocation. Please enjoy my conversation with Darren Dodson of Illumen Capital in this continuation of our miniseries on diversity,”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  14. “Shortly after I finished the interviews for the Sustainable Investing Miniseries, Black Lives Matter took center stage in the United States. I asked around and discovered that the subject is uncomfortable for many to discuss and that while many CIOs are interested in being part of the solution, most are not familiar with the underlying nature of the problem or the actions to take as a result. This miniseries, Diversity, Equity, and Inclusion, Awareness and Action, is a four-part introduction to the issues at hand. We'll explore what's been going on for a long time and hear what some are doing about it. It's my small part in contributing to fostering the conversation.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  15. “Hello, I'm Ted Sides, and this is Capital Allocators. This show is an open exploration of the people and process behind capital allocation through conversations with leaders in the money game, we learn how these holders of the keys to the kingdom allocate their time and their capital. You can keep up to date by visiting capital allocators podcast.com.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  16. “Capital allocators is also brought to you by admired leadership. Back in April on episode 497, I sat down with Randall Studman, the executive coach behind admired leadership, who advised more than 500 CEOs, including some of the most respected names in asset management. Randall introduced me to Alex, an AI leadership coach's team built on 40 years of proprietary research into what the best leaders actually do. For investment professionals, that means your entire team gets on-demand coaching grounded in the behaviors that drive results, and build the kind of followership that retains your top talent. We use Alex and our team at Capital Allocators Swears by it. Try Alex for yourself at the link in our show notes. Try Alex. Leadership.com.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  17. “Capital allocators is also brought to you by Ridgeline. Ridgeline makes your day unrecognizable. That's how refreshingly different it is from legacy investment management technology. With Ridgeline's front-to-back AI native platform, your typical tech pains disappear. No integration headaches, no data discrepancies, and no upgrade cycles. Instead, you get real-time data flowing through everything from portfolio accounting to reporting to reconciliation, trading, compliance, and more. In the AI era, asset and wealth management firms moving to Ridgeline gain a decided advantage. That's why customers call it miraculous game-changing and an awakening. If that's not how you would describe your investment management tech, request a demo at RidgeLine.ai.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  18. “To an exact verifiable source because the answer is only as good as what's underneath it, and without the sense you know exactly what that is. See it for yourself. Try a free trial at alpha-sense.com slash capital. That's alphacense.com with a hyphen in the middle slash capital.”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source

  19. “Capital allocators is brought to you by AlphaCents. Here's something for you. Most AI tools today are very good at sounding right. But can you actually trace it back to a filing, transcript, or specific passage that drove the answer? Or are you just trusting the confidence of the output? For allocators, that's not a minor concern. A missed filing, incorrect source, or context that gets lost somewhere in a retrieval chain aren't edge cases. They're how decisions go wrong. AlphaSense is the AI platform built specifically for this. They own the content over 500 million curated documents from broker research and expert transcripts to filings and earnings calls. And they own the retrieval layer on top of it. That means every answer can link back”

    2020-12-14 · Capital Allocators · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · IDENTIFIED FROM THE TRANSCRIPT · source