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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. That said, a paradigm shift of the broader venture landscape could be on the horizon. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. Crowdfunding witnessed a 2.4x

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AWS launches new $30M accelerator program aimed at minority founders

TechCrunch

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.

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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. There were a lot of requests for us to turn our mentorship program into a physical accelerator with a fund, office space and full-time staff. So we went for it.

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igniteXL Ventures closes debut fund to target ‘$5T oversight’ in beauty, wellness

TechCrunch

IgniteXL Ventures, a fund founded by general partner Claire Chang, closed on its first fund of $10 million aimed at backing diverse early-stage founders in the beauty and wellness industry. from Seoul when she was a child and started a global accelerator in 2015. Claire Chang, general partner at igniteXL Ventures.

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Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers

TechCrunch

Drive Capital, Crosscut Ventures, Bonfire Ventures, Matchstick Ventures and HR Tech Investments LLC, a subsidiary of Recruit Holdings Co., With the latest investment, Minneapolis-based Branch has brought in a total of $58 million in equity funding since its 2015 inception. The raise marks Branch’s first since 2017.

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Hear how to accelerate slow-moving industries on TechCrunch Live

TechCrunch

Dan Lewis launched Convoy in 2015 into an established industry dominated by several legacy businesses. As you’ll hear, in 2014 and 2015, freight was ready for reinvention. Now worth $3.8 billion, the company is a leader in bringing digital services to trucking and freight. Convoy launched at the right time, CEO Chris Howard told me.

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Why I applied to the Union Square Ventures analyst position

This is going to be BIG.

After much thought and consideration, I''ve decided that the best move for my career right now is a second stint as an analyst at Union Square Ventures. Why go back to a job I first took nine years ago when things are going so well for me and I''m running my own fund, Brooklyn Bridge Ventures. Venture Capital & Technology'