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Weekly Update – Feb 2, 2010

February 2, 2010

Cool Stuff

1. Corps members teaching student about microfinance at Palo Alto High School on Friday!
2. Congratulations! Janelle Tiulentino, our two time Challenge Director, has agreed to be next year’s Managing Director

Gumball Challenge

1. UC Davis raised $200 through Challenge
2. UPenn will hold off on the Challenge until next year do to scheduling conflicts and fellow collaborators dropping out.
3. UW taking on large networking incentive, working with multiple microfinance and business clubs on campus to compete against one another in the Challenge.
4. Palo Alto High School Challenge kickoff on Friday!

Finance & Gumball Fund

1. Preparing quarterly financial statement for next board meeting

Business Development

1. Putting the finishing touches on the Goldman and Draper grants
2. The Light Up Shirts has agreed to donate proceeds to us, if consumers enter Gumball Capital purchasing code. Looking for opportunities to promote their cooperation on a larger scale.

Marketing

1. Need of Twitter Updates…(tweet weekly update info)
2. Check out this week’s tweets about ACCION, and Gates donation to Grameen!

Creative Department

1. Revising and Condensing Starter Kit
2. Revising and Condensing web-content
3. Challenge Participant Interview Video

Web Development

1. Adding Chat to the Gumball Challenge Site
2. Simplifying and Visually redesigning site navigation
3. Simplify Text Content, especially on the four homepages (w/ Creative Department)

University

1. Working on blogging strategy

Weekly Update – Jan 26, 2010

January 26, 2010

Cool Stuff

1. Free breakfast and bi-monthly meeting this Saturday 10-12!
2. Thanks to all those who sent in their reports

Gumball Challenge

1. UC Davis Challenge in progress
2. UPenn postponed Spring Challenge until April
3. Palo Alto High School Challenge on the horizon
4. University of Washington Challenge on the horizon

Finance & Gumball Fund

1. No Update

Business Development

1. Exploring avenues to reduce shipping costs of Challenge continues
2. Working on Pepsi Refresh Competition entry continues

Marketing

1.Twitter, 32 followers
2. Check out this week’s tweets about ACCION, and Gates donation to Grameen!

Creative Department

1. Working on visual presentations for Gumball

Web Development

1. No Update

University

1. Finished the Gumball University 10 Week Class

Weekly Update – Jan 19, 2010

January 19, 2010

Cool Stuff

1. Jessica Jackley gives her full support of Gumball Capital and it’s mission
2. Team Retreat in January 29th-30th, weather permitting
3. Two table top Gumball Machines donated by local high school teacher
4. Working to organize corp visits to local organizations, companies, and foundations that share our similar mission

Gumball Challenge

1. Beijing Challenge proposed by Boston College student studying abroad
2. Presentation, January 29th, to two local high school classes interested in running the Challenge
3. UC Challenge Kick Off TODAY!
4. UPenn Kick Off coming soon, exact date TBD

Finance & Gumball Fund

1. Revised draft budget using revenue drivers and expense drivers
2. Created three budget scenarios – optimistic, pessimistic, and realistic

Business Development

1. Exploring avenues to reduce shipping costs of Challenge
2. Working on Pepsi Refresh Competition entry

Marketing

1.January newsletter went out last week

Creative Department

1. Trying to incorporate projects for Gumball to fulfill school assignments

Web Development

1. Director was ill, look forward to more updates forthcoming

University

1. Director currently on Winter Break – no updates yet!

Gumballer Featured on Cause4KDZ!

November 16, 2009

Our very own Salina Truong was featured on Cause4kdz. Salina had an internship this last summer working for KooDooZ, an interactive social media site which rewards kids for achieving change around personal or societal challenges. From the article:

“While working at KooDooZ as a summer intern, Salina shared with Tara Treffry, the KooDooZ Community Research Coordinator, how she and the Gumball team have engaged students with entrepreneurship in the pursuit of ending poverty.”

Here’s the video:

Weekly Update – Nov 13, 2009

November 13, 2009

Cool Stuff

1. PACS (09 challenge t-shirt sponsor) panel discussion at Stanford on the 17th
-featuring Jessica Jackley
-corps and competing teams will show up wearing Gumball Challenge t-shirts!
2. Team Retreat in January, look out for doodle.
3. Gumball.com sent us 17,000 more gumballs for FREE.
4. Going to talk to different banks about allocating interest free loans during challenges
5. Discussion with Stanford development officer proved fruitful, support in reaching out to
valuable Stanford alum

Gumball Challenge

1. Stanford Challenge kicked off Wednesday night. 6 competing teams!
-Interested MBA grad in attendance (props to Sumaiya!)
2. Closing Ceremony next Thursday 7:00 Old Union Rm 216
3. 104 participants signed up for Philly Challenge! Kick off next week.
4. BC Challenge kick off next week.
5. University of Washington and Indiana University signed up for Spring Challenge
6. Palo Alto High School and Gunn High School interested in Spring Challenge

Finance & Gumball Fund

1. PayPal vs. Bank of America, we will continue to use checks.

Business Development

1. T-shirts on their way!
2. Delivered donation receipts to challenge supporters
3. Goldman Sachs grant draft ready
4. Intel Corporate Responsibility meeting next week

Marketing

1. Year round “corps challenge” initiated by Wesley
- will raise operating costs through year round challenge-like activities
- build corps unity across departments
- gift wrapping at Keplers and Borders this December… look out for more details

Creative Department

1. Promo video coming out next week!

Web Development

1. Amazing web stats!
-2,000 page views in the last several months
-Visitors from 35/50 states
-Viewed outside U.S. in Canada, India, Mexico, UK, China, and Africa
2. Moving serving to one with a larger capacity for FREE.
3. Initiated Source control to ensure programers are not overwriting each other

University

1. Working on timeline

Campus Kiva includes Gumball University as a Resource

November 9, 2009

We’ve been in communication with Campus Kiva over the summer and it looks like they’ve added our Challenge and University as resources for students and professors interested in microfinance across the country. Great to hear and attached is the resource in case anyone is interested!

- Travis

Attachment can be found at http://campuskiva.org/learn

Company Profile Series: Erin

May 4, 2009

Name: Erin Parkererin1-300x225

Position: Outreach

Tell us about yourself: I’m a sophomore from the Philippines majoring in Economics and minoring in Mathematics. I’m currently the Co-President of the Blyth Fund and an analyst at Stanford Finance. My outside interests are medieval literature, cross country, and historical films.

Tell us something interesting about yourself: I once got stepped on by a cow in this Philippine village called Isabella. I survived!.

What motivated you to get involved in Gumball Capital? My childhood years in Isabella were idyllic in comparison to Philippine city life where many families crowd into metal shack slums built next to stagnant and polluted sewage outflows. This great disparity between wealth and poverty in my home country is my sole motivation for the promotion of microfinance.

As a young woman entering the finance industry, I believe in the creation of personal wealth for its redistribution to entrepreneurs whose businesses promote their locality’s economic development. Microfinance preserves specialization of labor while promoting the redistribution of wealth, a mutually beneficial arrangement allowing me to work in corporate finance while allowing my people to run their businesses in a way that both of us prosper.
What do you do at Gumball Capital? I work on the grant applications and grant competitions. My favorite one was the JP Morgan Goodventure Competition where we flew to New York and pitched to JPM for a chance to win $25k. I loved working on the financial statements for this project – I got to make a DCF model and quantify Gumball’s economic value. It was great combining my interests in finance and poverty alleviation!

Favorite part about working here? The culture. We don’t just come to meetings here, we come to meetings really excited to tell everybody what we’ve accomplished. We’re enthusiastic and we’re on it. That’s very different from what I’ve seen at other student groups. It’s inspiring and gets us all to keep going.

What’s your vision for the future of Gumball Capital? What would you like to see the group accomplish? I would like to see the Gumball Challenge expand to over 100 schools by the time I graduate. I also would like to see Gumball have more personal interaction with the entrepreneurs that we finance.

If you could trade places with anyone for a week, who would it be and why? Major Motoko Kusanagi from the fictional Japanese series called “Ghost in the Shell”. It would be awesome to have a super-poweful cyborg body and lead a high level intelligence team that gets to crack the bad guys with mad computer skills, mad machine guns, and absolute intellectual prowess. That’s my kind of fun.

If you could have any superpower, what would it be? Teleportation.

Who would win in a fight- a pirate or a ninja? Whoever prepared for it the hardest and with the most wholesome intentions. Say, if the pirate was preparing to just loot the ninja’s village and he prepared for it so-so with booze and some cruel intentions, whereas the ninja served to protect his hometown and trained from sunrise to sunset with the safety of his people in mind – I say the ninja is totally going to win.

Hello World!

August 7, 2007

I know, I know, “Hello world!” is the standard output for first-time programmers, but I thought it’d be fit for the first real post, too. :-)

So, welcome all, to the Gumball Capital blog! I’m Jae, the Special Operations Director, and I’ll be your source for the latest going-ons with us at GC. I’m going to shoot for a minimum of posting once a week, but I’ll probably post more, hopefully to your delight. ;-)

What have we done recently? We sat down and wrote a manifesto to remind ourselves of some of the ideals that got us started; we’d gotten so busy with putting together the starter kit, updating our website, doing outreach, and a billion other things that we really needed to just take a deep breath, chill out for a sec, and remind ourselves that we’re simple college students. Well, maybe not simple, but you get the idea. :-P