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Equal access to capital and entrepreneurship is the final civil rights movement

TechCrunch

As a nation we know the benefits of encouraging entrepreneurship across backgrounds: Entrepreneurs create jobs, spark innovation and allow us to maintain our position as the most competitive nation on the planet. It doesn’t need to be a zero-sum game where more people of color will push out the incumbents.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

“However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. Lambert served as Director at Google’s Area 120, where he led the division’s sustainability investments. We’re developing heat pumps that are better than any HVAC system of any kind.

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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

Acquisitions contribute to the health of the startup ecosystem, as entrepreneurs who realize liquidity through the sale of their company regularly go on to found innovative new companies and often invest in other startups as angel investors or venture capitalists. Acquisition changes could impact entrepreneurship.

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Kin lands $33M in fresh financing from investors

American Entrepreneurship

“Investors are putting a premium on growth in the context of profitability, and we’re growing exceptionally fast because we’re able to profitably serve customers who aren’t being well served by incumbents,” said Sean Harper, CEO of Kin. To learn more, visit www.kin.com.

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Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

And we know this matters because entrepreneurship can address rising wealth inequality and offer a path to upward mobility and building generational wealth. It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. It’s not an afterthought.

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. He soon began to invest in everything from ramen and hotpots to bottled beverages.

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Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

Haris Khurshid, general partner at Chalo Ventures , launched a $50 million second fund focused on investing in Pakistani startups and a smaller percentage in Latin American startups. Khurshid said that he expects to close by the end of the second quarter and start investing in the third quarter.