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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The Briefing Venture Capital Startups
Startups in Sequoia’s ‘Crucible Moment’; Musk Pledges More Funding for Twitter
As we reported last night, Sequoia Capital has once again taken on the role of Silicon Valley soothsayer, releasing a 52-slide presentation on advice to startups, which it says face a “crucible moment” as the economy slows and central banks retract the monetary stimulus that kicked off the boom two years ago. In particular, the partners at Sequoia told founders to rethink how they consider...
Chinese Ride-Hailing App T3 Seeks $750 Million as Didi Global Struggles
Musk Scraps Margin Loan, Committing Another $6 billion in Equity for Twitter Deal
Twitter to Pay $150 Million to Settle FTC Privacy Case
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