Coralus
Dr. Loretta Chen is a prominent entrepreneur, educator, and author with extensive experience in leadership and entrepreneurship. As the Founder and CEO of Smobler Studios since March 2020 and Co-Founder and CEO of The Sandbox DAO from May 2024, Loretta has played a significant role in innovative business ventures. In academia, Loretta serves as a Visiting Professor at Carnegie Mellon University, Ritsumeikan Asia Pacific University, and the University of Southern Maine, alongside being part of the teaching faculty at the Matsunaga Institute for Peace. Loretta's contributions to literature include best-selling books on women's empowerment and entrepreneurship, and Loretta's educational background includes numerous advanced degrees and certificates from prestigious institutions including UCLA and Harvard University. Additionally, Loretta serves as an international consultant for Druk Holding & Investments and has been actively engaged with Coralus as an advisor and activator.
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Coralus
Coralus collectively practices different ways of doing things for a better now and a new inheritance. Members offer and access resources at their own pace, creating a self-regenerating pay-it-forward pool of skills, connections, funds, and support then used to advance ventures and the collective doing world changing work. Coralus has circulated nearly $16.5M to 170+ women- and nonbinary-led ventures by distributing capital via collective decision-making. 45% of those founders are from chronically excluded racial and ethnic groups. The payback rate on its unsecured 0% interest loans is 95%. Founded in Canada in 2015, Coralus' current footprint includes the US, Australia, New Zealand, and the UK.