TechCrunch+ roundup: Rethinking PLG, AI-enabled SaaS pricing, traveling with a green card

When no one worried about IT spending, startups leaned into the bottom-up sales approach and driving PLG. But that was then, and this is now.

Crunchbase will begin tracking venture dollars allocated to LGBTQ+ founders

It is estimated that less than 1% of all VC dollars are raised by companies with founders openly within the LGBTQ+ community.

Atlanta mayor Andre Dickens to speak at TechCrunch Live’s Atlanta event

Since assuming office last year, Dickens has developed a reputation for his robust support of technology.

Unlocking the trillion-dollar female economy

Women should no longer be thought of as a niche. In fact, they’re one of the most significant growth markets we’ve ever seen.

Apple retail still has a diversity problem, union says

The higher you climb up the corporate ladder at Apple, the whiter it gets. That’s according to data analyzed by the Communications Workers of America (CWA), the union that’s helping retail workers

SoftBank launches new fund to raise and invest $150 million in Black and Latino-led startups

The new fund hopes to deploy the $150 million within three years, and has appointed Paul Judge as its managing partner.

Without Black representation in climate tech, ‘the planet will burn’

The lack of funding and dearth of DEI data suggests that the venture community writ large is overlooking a vast amount of untapped potential.

At 0.69% in Q1, the dip in funding for Black founders ‘no longer evokes an emotional response’

The data set shows that in Q1 2023, Black founders raised an estimated $312 million out of the around $45 billion Crunchbase totaled for the quarter.

Creative platform EVEN raises $2.2M seed round to help artists sell directly to fans

Rodriguez said he was inspired to launch the company as a way to help, specifically Black and brown artists, retain equity in their creative work.

At just 2.1% of all VC investment, funding for women remains ‘meh’ in Q1 2023

No matter what the year brings, the percentage of funding to women has been stagnant for so long that to harp on about it feels rather fruitless.

Funds offering ‘friends and family’ checks could bring the change underrepresented founders need

Even the matter of branding a firm as a “friends and family” venture rather than “pre-seed” may attract founders from communities in which venture language isn’t common.

Construction insurance company Billy raises additional $2.5 million

Billy seeks to digitize and streamline the construction compliance management process.

Tory Burch Foundation launches tool to help women founders find capital

The tool comes at a perilous time for many women founders: last year, companies founded solely by women received just 1.9% of all capital allocated to US startups.

Now is the time to invest in Black-owned banks

It's essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks.

‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders

The social impact of Silicon Valley Bank was ‘unparalleled.’

For female VCs, bias is a branding issue

More women in venture means that bias and strategic branding are increasingly more relevant for a larger fraction of check-writers.

Female check-writers alone aren’t enough to close the female fundraising gap, data shows

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single pe

For Black founders and investors, ringing Nasdaq’s opening bell symbolizes progress

“We’ve come a long way, but we still have a long way to go," one investor told TechCrunch about the event.

Who’s afraid of diversity quotas?

“Diversity quota” has a stigma attached to it these days anyway, but could it at least motivate people to think critically?

Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

“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.
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