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Funds offering ‘friends and family’ checks could bring the change underrepresented founders need

TechCrunch

A new white paper by the venture fund Fifth Star put into context how incongruous such statements are: The average friends and family round is $23,000. Black family wealth is $3,630 compared to $79,000 for white families; the average Black founder raises less than around $1,000 from family and friends. The median liquid U.S.

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Measuring Data and Creating Impactful Economic Reports

Source Link

Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Under the American Rescue Plan , the EDA received $3 billion in supplemental funding to assist communities nationwide in their efforts to build back better.

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At Last – An Asset Class Achieving High Ownership at Low Cost

Angel Capital Association

By: Nick Zasowski, Director at Global Startup Studio Network Startup studios are gaining steam across the angel investing landscape. As the Global Startup Studio Network (GSSN) researched last year, the early signs of studio data are just the beginning for the growing expectations.

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Daily Crunch: New Twitter Blue feature will reportedly squelch 50% of ads for paid members

TechCrunch

Startups and VC Meal replacement startup Yfood did a thing today. She writes, “Yfood’s milestone should give the food tech community something substantial to chew on. Meanwhile, Canaan closed two new funds — its 12th flagship fund for early-stage tech and healthcare startups and an opportunity fund — that total $850 million.

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Celebrating 2021 Accomplishments and Looking Ahead to New Opportunities

Angel Capital Association

Fostering these entrepreneurs and the economies they impact is a direct result of ACA’s mission to fuel the success of angel investor community. ACA’s Four Pillars: Bringing ACA’s Mission to Life Community Networking The heartbeat of our community networking pillar is our diversity, equity, and inclusion effort.

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How To Size Your Marketing Budget For Funding

Gust

It’s not uncommon for me to see a startup business plan “mission” to be the “premier brand” for their product, yet their marketing budget in the financials is trivial. So what are some credible marketing and promotion steps you should consider for your startup? Invested Interests entrepreneur funding marketing budget startup'

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The Station: Rounding up the Tesla Cyber Roundup, a Waymo change up and the mysterious disappearance of Bolt Mobility

TechCrunch

We’re still working that one out, but Alex Wilhelm and Annie Saunders have been pondering the effect that asset depreciation can have on startups like Bolt. Ottonomy.IO , the autonomous robotics delivery startup, raised $3.3 River , a Bangalore-based startup that makes electric two-wheelers , has closed an $11 million Series A.