Carey Alum Named to Forbes ‘30 Under 30’ for Venture Capital



Elizabeth Galbut, a 2015 graduate of the MBA/MA in Design Leadership program offered jointly by the Carey Business School and the Maryland Institute College of Art, has been named to Forbes magazine’s 2018 list of “30 Under 30” in the venture capital field.

Galbut, 28, is the co-founder and managing partner of SoGal Ventures, a New York-based venture capital firm that specializes in diverse organizations, particularly those led by women.

Since launching in 2015, the firm has invested in more than 40 start-ups in the United States, Europe, Africa, and Asia. 

“We started SoGal Ventures because through our global community reaching over 50,000 diverse founders and funders, we saw that the biggest problem for these founders is raising money,” Galbut (right) said in a June 2017 interview with Vator, a news website that covers entrepreneurship and investing. “We're true believers that women are one of the last remaining arbitrage opportunities for investment, both in private and public markets, but we're also big believers, and this comes from my design background and education, that diverse teams are much deeper than just gender.”

She added, “Our DNA is centered around investing in start-ups with a culture where diversity is cherished and celebrated. That means that any individual, whether it's the founder, investor or employee of the start-up, can achieve their fullest potential … [and] that their differences are celebrated as a value-add, rather than a value-detractor.”

This isn’t the first time Forbes has recognized Galbut. In 2015, she was invited to participate in the magazine’s annual summit that brings together 250 notable women leaders to discuss major social, political, and business issues.

Before entering the Carey/MICA program, Galbut worked as a strategy and operations consultant at Deloitte, focusing on clients in the health care industry. Once in the dual-degree program, she became a co-founder of A-Level Capital, a venture firm run by Johns Hopkins students with the goal of funding innovations by other JHU students and young alumni.

In addition to her MBA/MA in Design Leadership, Galbut earned a bachelor of arts degree in economics and government from Georgetown University. She also studied at Stanford University, the London School of Economics and Political Science, and the Universitat Autònoma de Barcelona.

Jarrett Bauer, a 2012 graduate of the Carey Business School's Global MBA program, was named to the Forbes “30 Under 30” list for 2016 in the area of health care entrepreneurship. While in his 20s, Bauer co-founded Health Recovery Solutions, a New York-based firm that works with hospitals to help patients with high risk of readmission avoid return visits.

Posted on November 15, 2017 In Master of Business Administration, MBA/MA in Design Leadership, Alumni Story, News Item, Alumni, Current Students, International Students, New Students, Partners, Prospective Students, Staff