{"id":161276,"date":"2025-06-05T21:50:13","date_gmt":"2025-06-05T21:50:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/161276\/"},"modified":"2025-06-05T21:50:13","modified_gmt":"2025-06-05T21:50:13","slug":"daniella-pierson-wants-to-empower-female-entrepreneurs-with-chasm","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/161276\/","title":{"rendered":"Daniella Pierson Wants to Empower Female Entrepreneurs With Chasm"},"content":{"rendered":"<p data-journey-content=\"true\" data-node-id=\"0\" class=\"css-i9p093 emevuu60\">The <a href=\"https:\/\/thenewsette.com\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/thenewsette.com\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"Newsette\" data-node-id=\"0.1\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">Newsette<\/a> founder Daniella Pierson has a new venture to add to her portfolio: Chasm. According to <a href=\"https:\/\/techcrunch.com\/2024\/01\/10\/funding-for-female-founders-remained-consistent-in-2023\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/techcrunch.com\/2024\/01\/10\/funding-for-female-founders-remained-consistent-in-2023\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"TechCrunch\" data-node-id=\"0.3\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">TechCrunch<\/a>, all-women teams currently receive just 1.8 percent of  VC funding. This initiative aims to close that gender gap in entrepreneurship, supported by an impressive roster of members, including musician Lionel Richie and Sneex inventor Sara Blakely.<\/p>\n<p data-journey-content=\"true\" data-node-id=\"1\" class=\"css-i9p093 emevuu60\">Essentially, members like Richie and Blakely will pay $25,000 a year to be a member of Chasm. The funds the company receives from Pierson\u2019s high-status friends will then be dispersed as grants to young, female entrepreneurs, giving them tools and resources for their businesses to thrive.<\/p>\n<p data-journey-content=\"true\" data-node-id=\"2\" class=\"css-i9p093 emevuu60\">\u201cChasm is going to make a massive dent in the gender gap by focusing on one solution that has a domino effect: creating more successful female entrepreneurs,\u201d Pierson says in a press release. \u201cIf you think about who has the most wealth and power in the world, they have two things in common: They are men and they are entrepreneurs. We\u2019re creating an ecosystem rooted in community, insight, and real resources.\u201d<\/p>\n<p data-journey-content=\"true\" data-node-id=\"4\" class=\"css-i9p093 emevuu60\">As a 29-year-old BIPOC entrepreneur, Pierson says she takes the issue personally. She started The Newsette while still in college and grew it into a powerhouse email juggernaut before leveraging her rapidly expanding network to launch <a href=\"https:\/\/www.clubchasm.com\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/www.clubchasm.com\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"Chasm\" data-node-id=\"4.1\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">Chasm<\/a>.<\/p>\n<p data-journey-content=\"true\" data-node-id=\"6\" class=\"css-i9p093 emevuu60\">Chasm will offer at least one grant per month; those interested can apply for these funds by filling out a form online. The site also offers resources for young entrepreneurs, welcoming every woman to join the community. These could be as simple as a membership to Instacart+, the first partner of the new company, which allows less time to be spent at the grocery store for working women. It even has a newsletter, much like Newsette.<br data-node-id=\"6.1\"\/><\/p>\n<p data-journey-content=\"true\" data-node-id=\"7\" class=\"css-i9p093 emevuu60\">With her impressive list of backers, Pierson emphasizes, in an email interview, that members are value-driven, hence them giving the $25,000 as a direct grant rather than as an investment. \u201cThey get to see what they\u2019re fueling every single day, whether that\u2019s through <a href=\"https:\/\/www.clubchasm.com\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/www.clubchasm.com\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"clubchasm.com\" data-node-id=\"7.1\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">clubchasm.com<\/a>, our grant winners, or real stories of impact,\u201d she says. \u201cMany of these people are dear friends who believe fully in the mission.\u201d <\/p>\n<p data-journey-content=\"true\" data-node-id=\"9\" class=\"css-i9p093 emevuu60\">The organization is also not a nonprofit. \u201cThe only way to create sustainable, systemic change is by introducing a business model that can fund itself,\u201d Pierson adds. \u201cIf I raise $10 million in donations, I can make $10 million of impact. But, if I use my media background and network to build Chasm into a $500 million company, then we inspire other member-to-many models. That\u2019s when billions start flowing toward real, scalable solutions. If I can prove that this model drives both value and change? That\u2019s a tide that lifts every boat.\u201d<\/p>\n<p data-journey-content=\"true\" data-node-id=\"10\" class=\"css-i9p093 emevuu60\">Pierson is also a co-founder of the \u201cmental fitness ecosystem\u201d <a href=\"https:\/\/www.wondermind.com\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/www.wondermind.com\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"Wondermind\" data-node-id=\"10.1\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">Wondermind<\/a> with Selena Gomez, a website offering resources to those in need. The singer and actress made headlines weeks ago as the startup <a href=\"https:\/\/www.forbes.com\/sites\/jemimamcevoy\/2025\/05\/12\/selena-gomez-struggling-mental-health-startup-lays-off-nearly-two-thirds-of-its-employees\/\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/www.forbes.com\/sites\/jemimamcevoy\/2025\/05\/12\/selena-gomez-struggling-mental-health-startup-lays-off-nearly-two-thirds-of-its-employees\/\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"laid off\" data-node-id=\"10.3\" class=\"body-link css-inlxvj emevuu60\" rel=\"noopener\">laid off<\/a> the majority of its already small staff amid financial troubles. Pierson left the company in 2023, and Chasm continues Pierson\u2019s mission-led work.<\/p>\n<p data-journey-content=\"true\" data-node-id=\"11\" class=\"css-i9p093 emevuu60\">Others involved in Chasm include Instacart CEO and chair Fidji Simo, entrepreneurs Tony and Sage Robbins, and Drybar co-founder Alli Webb.<\/p>\n","protected":false},"excerpt":{"rendered":"The Newsette founder Daniella Pierson has a new venture to add to her portfolio: Chasm. According to TechCrunch,&hellip;\n","protected":false},"author":2,"featured_media":161277,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[51,1329,67923,1331,3134,1381,67922,16,15],"class_list":{"0":"post-161276","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-content-type-feature","10":"tag-contentid-8ec8c5c7-2b74-41a7-9005-7fbedf6a153b","11":"tag-displaytype-standard-article","12":"tag-entrepreneurship","13":"tag-locale-us","14":"tag-shorttitle-daniella-pierson-on-helping-female-entrepreneurs","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114632971467112157","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/161276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=161276"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/161276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/161277"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=161276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=161276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=161276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}