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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? But what about the demographics of the VC firms?
That’s what makes this a little bit different from articles you usually read about fundraising. Fundraising is different for each startup, and it’s also very different in each stage of that startup. The lead investor is usually in charge of preparing term sheets and legal documents and conducting the due diligence as well.
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