When it comes to venture capital, one of the most pervasive and damaging myths is that venture investors don’t fund diverse startups. While it may be true that venture capital firms are not as diverse as they could be, the truth is that diversity in the startup world is actually on the rise and venture… Continue reading Debunking the myths of why venture investors don’t fund diverse startups
Category: capital
Sequoia injects
In the world of venture capital, the injection of $195 million from Sequoia into the ever-eager early-stage venture capital seed environment is a breath of fresh air. Seed capital refers to a type of early stage startup investment and has become a popular trend in recent years as tech startups from all over the world… Continue reading Sequoia injects
Why Africa had no unicorns last year despite record fundraising haul
In 2019, Africa saw its highest ever venture capital fundraising total, with over 8 billion USD invested in the African tech startup ecosystem. This was an enormous achievement, but it didn’t bring about the same success for African-based unicorns. While startups across the continent raised record amounts of funding, there were no new unicorns emerging… Continue reading Why Africa had no unicorns last year despite record fundraising haul
Despite myriad flaws, US remains top spot for Black startup founders seeking VC dollars
The tech industry in the United States has come a long way over the years. From the days of Silicon Valley, the tech industry has become increasingly more diverse, with more and more Black founders gaining traction in the business world. Despite all the progress, many Black entrepreneurs face discrimination, either subconsciously or overtly, when… Continue reading Despite myriad flaws, US remains top spot for Black startup founders seeking VC dollars