Female Powerhouse Leading the Marine Industry

Hi Love,

Jaclyn Baumgarten is the future of the recreational marine industry.

In 2012, Jaclyn founded Cruzin, one of the first to enter the peer-to-peer boating marketplace. This summer she orchestrated a strategic merger in the male dominated marine industry with Boatsetter ­ her strong competitor ­ and is now at the helm as the new CEO of the merged company.

Peer to peer boat sharing is a highly competitive space with every player claiming to be the ³Airbnb of boats². But in this emerging market with new incumbents rushing to gain market share, Jaclyn asked herself, ³What is the most strategic way for me to accelerate the speed of innovation in the marine industry, and claim the leadership role?² Hence the idea to merge Cruzin and Boatsetter was realized. For the past three years, she has dedicated all of her energies into transforming and growing the boating industry.

In addition to merging Cruzin with Boatsetter, Jaclyn has also:

·     Worked as  the youngest and one of the few female developers in the male-dominated commercial development industry. She worked for Westfield, the world¹s leading retail commercial real estate developer, and ran one of the largest retail development projects in the city of Los Angeles.

·      She has a Stanford MBA and has held key leadership positions in Fortune 500 companies for 13 years prior to founding Cruzin.

Jaclyn is emerging as a key thought-leader in the boating industry and in the Silicon Valley start-up scene:

·      In 2014, Jaclyn pioneered the first peer-to-peer boating insurance coverage

in the business, working hand and hand with Concept Insurance for eight months to craft the policy that launched the peer-to-peer market in the marine industry.

·      She is also a key panelist at boating industry conferences speaking about how collaborative consumption is a win-win for the marine industry.

·      She was recognized by Boating Industry Magazine¹s 2014 ³Movers and Shakers² issue

·      Was one of the founding participants of Women's Startup Lab (WSL) in Silicon Valley and is now a mentor and frequent speaker at WSL.

As a major force in the boating marketplace and tech industry, Jaclyn wants to share her expertise with other women. Thankfully she shared this story with us. Take Note.

-- Love Rae

Let Peggy Mangot Teach Your Family How to Invest

Hi Love,

Meet Peggy Mangot, an entrepreneur and mother of three who left her job at Google to launch her own company called SparkGift. SparkGift is an all digital investing platform that makes it easy and affordable for your family and friends to give and receive investments as gifts. Just think about it. This amazing company provides the perfect gift for holidays, birthdays, anniversaries and much more.

By making it as easy to gift-give $50 of Apple stock as gifting a $50 iTunes gift card, Peggy realized her goal of giving anyone who would rather give gifts that appreciate in value rather than depreciate in value, end up in a landfill, and/or go completely unused (like so many gift cards) the ability to gift stocks and mutual funds with ease.

Honestly, SparkGift is a genius idea. As an easy and affordable way to learn about money and large transactions, SparkGift is definitely an innovator in technology. Additionally, there are more awesome features you can learn about below:

- SparkGift can gift an investment ranging from $20 to $1,000 in mere minutes.

- SparkGift can gift-give stocks and index funds, including fractional shares.

- SparkGift can create an online gift registry for the stocks and index funds of their choice.

- SparkGift can schedule an investment gift to be delivered (via email) on the day of the holiday or occasion (birthday, graduation, Bar Mitzvah, communion, wedding shower, baby shower, anniversary, Christmas, Hanukkah, etc.)

- SparkGift will teach young people about investing by showing them how their gifted investments are growing, encouraging them to make additional investments with money from their allowance, part-time job, etc. and helping them value investments over "stuff".

To learn more about Peggy Mangot and her digital investment company please be sure to check out sparkgift.com 


--Love Rae