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

TechCrunch

Crunchbase examined the access to capital in the venture-backed startup ecosystem and proved that many industry leaders still worry that nothing will drastically shift. As a Black fintech founder, I believe that venture investors are making safe bets and investing in late-stage founders instead of early or even pre-seed stages.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. How does this affect the investment landscape?

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Holmes’ sentencing sends a clear message that the startup ecosystem must be built on good faith

TechCrunch

Sure, due diligence matters in the investment process, but lying about your capabilities can undercut the founder-investor relationship — and in extreme cases, to the detriment of the larger, global startup market. Let’s start with the supposition that the venture-founder compact is built almost entirely on trust, especially early on.

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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 Remote staffing and remote investing accelerated tremendously. million seed, the company confirmed to TechCrunch today. The round was led by U.S.-based based Harlem Capital.

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Growing deal flow into Africa’s startup ecosystem

Impact Hub

As entrepreneurship increasingly becomes a cornerstone of this emerging inclusive growth journey, the need for early-stage investment capital increases, demanding support for initiatives towards the access of capital for the ecosystem to thrive. DDA’S 2022 “Investing in Africa ” report. . Virtual Investment Event.

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Diet ID wins TechCrunch’s Detroit City Spotlight pitch-off — watch the event here

TechCrunch

TechCrunch just hosted its first pitch-off in Detroit and we’re pleased to announce Diet ID won the event. Diet ID competed against other Detroit-area startups, including Rivet Work , Plain Sight and FixMyCar. The entire pitch-off is embedded above. That video is found below.

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How you invest your time is just as important as how you invest your money

TechCrunch

I had a strong personal network and brand in the Hong Kong region, and I had no trouble finding local entrepreneurs who wanted to pitch Fresco Capital for funding. Soon, I found myself with an extremely packed schedule but little excitement about any prospective investments. Then I hit the road. I had real deal flow!