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

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

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!

“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:

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

- Travis

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

1. Amherst starts their Challenge this week!
2. Teams will receive funds through PayPal
3. White Plaza booth 11-1 November 4th & 5th
4. Info Session Nov. 5th (see facebook invite & E-flyer)
5. Flyering Stanford campus this Thursday
6. Potential judges for Stanford Challenge

• Kim Meredith from PACS
• Marimar, Stanford Challenge Director
• Nick Noom from SEAM
• Melanie Edwards

Business Development

1. Goldman Sachs letter of inquiry due November 4th.
2. $200 from Astor Gift & Home for T-shirts
3. Prizes for challenge…

• $50 gift certificate to Fraiche
• $100 gift certificate to Patrick James
• $24 gift certificate to Izzy’s bagels
• more in the works!

Marketing

1. Updating twitter account
2. Updating Corps blog
3. Newsletter to be sent out this week

Creative Department

1. Working on promo video storyboard
2. New Brochure

Web Development

1. Send new site bugs to travis@gumballcapital.org

University

1. Creating time-line for program

1. New year, new crew, we’re excited!
2. Check out our corps bios here

Gumball Challenge

1. Gumball goes international, debuting the Challenge in Prague
2. University are now registering on the web, the following have accounts for this year’s challenge

• Amherst
• Anglo-American University
• Assumption College
• Boston College
• CSU East Bay
• Princeton
• UC Berkley
• UCLA
• UC Davis
• UPenn
• 2 Philly High Schools
• Point Loma Nazarene University
• Stanford

3. Amherst & Stanford will be running the first challenges on November 4th!
4. Stanford Challenge busy getting local sponsors together

Finance & Gumball Fund

1. Alumni donation!

Business Development

1. Working to secure T-shirts for the challenge
2. Goldman Sachs letter of inquiry due November 4th.

Marketing

1. Updating twitter account
2. Updating Corps blog
3. Newsletter to be sent out next week

Creative Department

1. Working on promo video storyboard
2. New Brochure debuts today!

Web Development

1. Finishing final edits to Challenge site by this weekend.

University

1. Creating Step by Step learning program for social entrepreneurship
2. Brainstorming ideas for interactive component of site

Awhile ago, our outreach team sent out an application to Google’s 10^100 Project. They grouped all the ideas into 16 different categories, one of which is focused on social entrepreneurs. Below, there is a list of “Suggestions that inspired this idea”, copied below:

• Provide targeted capital and business training to help young entrepreneurs build viable businesses and catalyze sustained community change
• Create a non-profit, venture capital-like revolving fund to invest in high-impact local entrepreneurs
• Send young American entrepreneurs to underdeveloped communities to help create small businesses that would economically benefit those communities
• Create schools in rural areas to teach local people how to become entrepreneurs
• Create a private equity fund to help immigrants in developed countries finance business development in their countries of origin

Is that us?! Yes, I think so

Cheers,
Salina

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.