The Latest from Dominic-Madori Davis
Funding for Black web3 founders has only increased, and the crypto winter proved the most fruitful year.
“We’re going to be responsible for catalyzing a completely new generation to be more conscious of their environment; more conscious of how they spend and how they buy," Sandu said.
TechCrunch conducted a vibe check to see where this sector stands, and found a prevailing sense of guarded optimism.
Without transparency, it’s difficult to determine exactly how disproportionate venture funding to women and people of color truly is.
Last year, U.S. startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated, according to the latest PitchBook data.
Fashion is one of the most polluting sectors in the world, accounting for up to 10% of the world’s carbon dioxide output. Can web3 help?
Where do we go from here? Is the next step looking at alternative funding, or is it staying on the battleground, always ready to fight?
In total, U.S. Black founders raised an estimated $2.254 billion out of the $215 billion in U.S. venture capital allocated last year in 2022.
SPIN focuses on luxury consumers, though it’s not hard to ponder what an app such as this could do for a market in desperate need of a transfix, such as fast fashion.
Through the haze, the reality is that the heart of the American Dream is still beating.
You should never be signing checks because all the cool kids are doing it — that is never a sound approach to doing most things in life, let alone investing millions of dollars.
For 2023, it appears investors are focusing on trends that are relatively safer and likelier to bear fruit
"I think a lot of the narrative that many investors put out there about investing in more Black founders was mostly just talk."
There are now allegations against tech boot camp MyTechBestfriend of possible fraud, FBI involvement and, well, voodoo.
Life as a startup founder is never dull. That’s doubly true for Black founders, who routinely struggle to raise funds, be noticed and get their fair share of attention.
As the fundraising climate reverts to pre-pandemic levels, Black founders discuss how they're preparing for next year.
Higher education institutions have been notoriously secretive about where and to whom they invest money, and, despite calls for change, many have refused transparency.
The next generation of women venture capitalists are rising through the leadership ranks — though there are some caveats.
"Better Venture" serves as a guide for those looking to increase diversity, equity and inclusion in the venture space.
The news comes more than a year after Saltbox closed a $10.6 million Series A, bringing its total funding to $56 million.