Venture capital investment in U.S. startups led by Black founders quadrupled to $1.8 billion in the first half of the year, according to research firm Crunchbase . The uptick follows a particularly abysmal year for investment in minority entrepreneurs. Total capital raised by Black-founded startups reached just $1 billion in all of 2020. The growth in funding, while impressive, still pales in...
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As Hollywood Shines Its Klieg Lights on Silicon Valley, a New Tech Scandal Arises
Hi, welcome to your Weekend!The Valley is small and memories are long. I’ve heard countless versions of that old venture capital saw. And true enough, it sometimes seems like Silicon Valley is one clubby, insular, gossip-addled village. That’s why it can feel so disorienting when the outside world gets interested in Valley business. As TI Weekend staffer Josh Duboff writes this week, ...
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