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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

You can get just about any wealthy person to part with some small portion of their wealth to put into risky investments, but these people don't contribute back to the ecosystem. They don't have a stake in it--and by not actively putting themselves out there as a source of capital, they're not in the information flow.

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500 Around the World: Takeaways from the Sberbank-500 Accelerator

500

One of these often-overlooked regions is Russia, which despite challenges, has a booming tech and startup ecosystem. Thirty hand-selected startups took. Thirty hand-selected startups took. The post 500 Around the World: Takeaways from the Sberbank-500 Accelerator appeared first on 500 Startups.

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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

Two-year-old startup contributes to Tampa’s growing startup ecosystem. In a major milestone for both Scamnetic and the growing Tampa, Florida innovation ecosystem, the AI-powered scam detection company announced a $13 million Series A funding round to accelerate its growth and expand its market presence globally.

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Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

TechCrunch

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 based Harlem Capital. Other investors — Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp and New General Market Partners participated.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

With venture investors committing to funding Black and minority founders, alongside the growing availability of government-backed proposals, such as New Jersey allocating $10 million to a seed fund for Black and Latinx startups , can we expect to see fundamental change? Make serious headway with accelerators.

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. A glimpse into Singapore’s current startup ecosystem.