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Daily Crunch: Investors back away from Dispo

TechCrunch

After a recent story in Business Insider brought allegations to light that a member of David Dobrik’s vlog squad had sexually assaulted an extra during a shoot, Spark Capital announced that it would “sever all ties” with Dobrik’s photo-sharing startup Dispo, as did fellow investors Unshackled Ventures and Seven Seven Six.

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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. And really, this was where my race became an obstacle.

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Daily Crunch: Electric rail vehicle startup Parallel Systems raises a $49.55M Series A

TechCrunch

The dollar amount rose as the larger venture landscape grew, but the data was still more than desultory. The boom in venture capital activity that the world recorded last year, and appears to be still afoot today, is increasingly in contrast to falling valuations for public tech companies. What’s going on?

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