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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. Fueled by a zero-interest landscape in 2020, it has surged, giving rise to an ever-growing array of funds. the free YC Startup School courses). growth from 2020 to 2021. Flyover Tech ) have played a significant role in this shift.

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Google to offer 40,000 developer scholarships in Africa; continues accelerator program

TechCrunch

The company hosted key stakeholders in Africa’s tech ecosystem and “reviewed opportunities unfolding throughout the internet economy, paying special attention to the support of developers and startups in the region.” Going into this year, the Google for Startups Accelerator program will be hosting its sixth cohort.

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Paris-based accelerator The Family sues co-founder Oussama Ammar

TechCrunch

The Family co-founder and CEO Alice Zagury announced in a blog post that the French startup accelerator is suing Oussama Ammar for multiple claims — breach of trust, forgery and use of forgery. Since 2020, we have been trying to find an amicable solution. Yesterday, Ammar has reacted to Capital’s report in another LinkedIn post.

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Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Vale do Dendê coordinates with local startups, investors and government agencies to support entrepreneurship and innovation and runs startup acceleration programs specifically focusing on supporting Afro-Brazilian founders. It attracted backing from Facebook Brasil and grew 770% in 2020.

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. Half of its portfolio companies are backed by YC and other global accelerators. Last year (the one this latest review covers), Microtraction announced seven startups.

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Remote work and events startup twine acquires YC-backed Glimpse to launch on Zoom

TechCrunch

The forthcoming “twine for Zoom” product will be among them, giving customers access to matching tools, networking and virtual watercooler tools that can be used not only for virtual events, but also other types of meetings, like company socials, all-hands meetings, new hire onboardings, community meetups, and more.

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How COVID-19 and the resulting recession are impacting female founders

TechCrunch

In Q3 2020, PitchBook data reported that US-based female founders raised $434 million across 136 rounds. That dollar amount was off from $841 million in Q2 2020, for context. The Exchange explores startups, markets and money. As a refresher, the numbers were not good.

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