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Equal access to capital and entrepreneurship is the final civil rights movement

TechCrunch

But despite my privilege, I’m also confident that my Black heritage made it more difficult for me to raise venture capital. Today — and the data proves this — if you are a white male, you have an unfair advantage when looking to raise venture capital. At the time, I didn’t even know that raising venture capital was a possibility.

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The Breakout Tech Company Of 2018

Haystack

As a little tradition on this blog, I’ve singled out companies starting in 2013 with Stripe ; there was Snap back in 2014; Slack in 2015; took a break in 2016, as I wasn’t inspired to select one then; and last year, 2017, was Coinbase. Here is the Google Doc where we tracked these.]

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. He soon began to invest in everything from ramen and hotpots to bottled beverages.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay , a platform that attempts to automate the software purchasing process for companies. Today, Teampay has hundreds of customers and significant venture capital financing behind it.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Founded in: 2016. YC-backed Duplo raises $1.3M

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Marketing with long payback is precisely what requires venture capital. So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. Incumbent Strengths & Weaknesses. Market Structure.

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index.