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CoverStory
and subsequent to that," said Targan, their companies will gain by that
a Partner with Jaffe, Raitt, Heuer & involvement."
Weiss PC. "We were looking around
and seeing that really there were not Platform for innovation
a lot of women who were rising up in When The BayPay Forum launched
the ranks of the industry. We wanted in Silicon Valley, a small gathering
to pass along to women coming up of payment technology innovators
in the industry some of the learning attended the inaugural event held
that we had gained from our journey at Stanford University. Nearly
and encourage them to meet their full eight years later, the forum serves
potential."
roughly 8,000 executives from over
2,700 companies; about 2,000 attend
W.net initially hosted events solely BayPay events scheduled throughout
in conjunction with ETA meetings the year thanks to the support of
in the spring and fall, but organizers corporate sponsors.
realized that to reach more women,
the group would have to branch out For Daniel Chatelain, founder and
regionally. Local Interest Network Managing Director of The BayPay
Circles were the answer, and eight Forum, creating such a forum was
LINCs formed in metropolitan not his original plan. A technology
areas; another will open soon in entrepreneur, Chatelain was seeking
Washington, D.C. funding for a software startup when
he stumbled upon the idea. "The
About 800 women participate each concept was like Square, but way
year in the local LINCs and W.net's too early, so I made a mistake there,"
national Super LINC and Career & he said. "But I realized in trying to
Leadership Summit. "The energy that get traction, people really didn't Get Value for
is in a room of high achieving women understand the potential of payments
who have common goals with one in commerce." your Portfolio,
another, it's really something to No Strings Attached
experience," Targan noted. "Everyone He then decided to approach major
is there to help one another. Of course payments industry providers about
we're all at competitor organizations, creating a forum for exchange across
but there's really a mentoring type multiple platforms to identify the Sell or leverage your existing portfolio
feeling among the group of women." to get access to the cash you need.
trends and structures that will
ultimately shape the future of
According to Shawn Taylor Zelman, commerce. "The whole point behind
Executive Director of W.net since BayPay is to use payment as a The process is quick and simple.
October 2012, the Gateway to Success pretext," Chatelain said. "The goal
mentoring program has been so is looking at constructions of the We buy portfolios from all processors.
successful that W.net plans to launch payment model within the different
online mentoring software in 2014 industries – retail, banking, media
that will assist members with mentor – and focus on really changing it at Easy to understand documents
connections. W.net also developed an length." and terms, resulting in fast closings.
online career center for job postings
and for members to connect with From the beginning, BayPay's
employers. Call us today to receive a quick
mission has been to create an
international network of commerce estimate for your portfolio and
As a nonprofit organization, W.net innovators connected through an get the cash you need today.
relies on the financial support of interactive platform and regional
corporate sponsors, membership events via local chapters. In addition
dues, member participation on its to Silicon Valley, BayPay has chapters
board and five committees to produce in Los Angeles and Europe.
events and manage programs. "We
cannot do anything without the The Los Angeles chapter emphasizes Call 800-801-6242 x.1340
contribution of companies out there," payments in digital media and
or email us at
Targan said. "And also the women entertainment. "I've met with CEOs agentinfo@AmericanCapitalAdvance.com
themselves need to get involved of start-ups who were trying to figure www.americancapitaladvance.com/greensheet
because of everything that they and
out the future of entertainment, how
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