A $50 million fund for Black Founders; Live Shopping Fridays; “Hustle” Is Terrible Advice for Most People.
A weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem.
Happy Mother’s Day to those of us celebrating in France and Happy Memorial Day to my fellow Americans!
Welcome to Issue #53 of For Colored Girls Who Tech, a weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem. We are a community-centric newsletter so feel free to reach out if you’d like to partner with us or share stories, tips, or questions. If you enjoy our content, we encourage you to like this post above and share it with your community!
Amazon Buys MGM Studio for $8.45 Billion. Facebook and Instagram will allow users to hide “like” counts. Netflix wants to be the Netflix of games. Facebook is starting "Live Shopping Fridays," featuring shoppable livestreams from brands and creators. Peloton is going Made-in-America.
INSIGHTS
Growth Frameworks For Your Marketplace
-Pete Flint / NFX
Consumer Wiki - The ultimate consumer tech resources database
-Heartcore Consumer Insights
“Hustle” Is Terrible Advice for Most People: Not Everyone Can be an Entrepreneur
-Desiree Peralta
The Cost of Cloud, a Trillion Dollar Paradox
-Sarah Wang and Martin Casado / Andreessen Horowitz
Analysis: How family offices are investing into VC
-Winter Mead / Oper8r
US VC Valuations Report Q1 2021
-PitchBook
OPPORTUNITIES, FUNDING & COMPETITIONS
Apply to Pitch at EBAN's 2021 Congress. Early stage companies, actively fundraising for an equity investment based in any EU country can apply. Deadline May 31, 2021.
Women In Tech Africa Awards 2021. Nominate yourself or somebody else for the Women in Tech Africa Awards 2021.
The Breakthrough Accelerator is a unique twelve month programme of bespoke support for campaigns. Applications sought from grassroots campaigns working in and with the communities most affected by the COVID pandemic. Due June 25, 2021.
The GSMA Innovation Fund for Digital Urban Services. Start-ups across Africa and Asia leveraging digital technology to deliver urban services can submit their proposals for funding up to £250,000, as well as mentoring, partnership enablement, M&E advisory. Apply by July 2, 2021.
The RevTech Graduate Fellowship offers highly motivated graduate students a year-long remote, holistic startup and venture capital experience over the course of the fall and spring semester. Apply by July 30, 2021.
UPCOMING (VIRTUAL) EVENTS
MeetFounders Europe [PARIS] Venture Capital Conference, June 1-2, 2021.
Pros and Cons of Equity Crowdfunding presented by Women Founders Network, June 3, 2021.
Women’s Health Tech Innovators Showcase. 25+ Visionary FemTech Founders Present Novel Innovations with Rapid Fire Pitches and Panel Discussions June 3, 2021.
Defining Success Metrics for Your Product by Google Product Leader, June 5, 2021.
Women In Africa x INSEAD webinar series: Case Study #1: An example of a successful venture in Africa, June 8, 2021.
Startup Boost L.A. Spring 2021 Demo Day, A global tech startup pre-accelerator, June 9, 2021.
The New Seed Strategy: Nomenclature, Check Sizes, and Does it Even Matter? June 9, 2021.
Investing In Female Founders - Developing An Investment Portfolio, June 15, 2021.
ON OUR RADAR
In pursuit of equality, French cities adopt gendered budgets.
The 'messy' alternative to tree-planting.
Lack of Women Set to Cost Male-Dominated Private Equity More.
NBA forms Africa business entity valued at nearly $1 billion, luring players and investors.
Drones and live-streams: How tech is changing conservation.
PEOPLE / ANNOUNCEMENTS
FIGS is the first company to go public led by two female cofounders.
Howard University names the College of Fine Arts after iconic alumnus Chadwick Boseman!
PayPal puts another $50 million in Black and Latinx-led venture capital funds.
Collab Capital closes $50 million debut fund to invest in Black founders.
Anjali Sud, an Indian-American female CEO reinvented Vimeo and took the company public this week.
Zane Venture Fund holds first close after signing on notable LPs.
Accolade Partners has raised a $200 million fund to invest in funds started by underrepresented groups.
Base10 Partners raises advancement initiative to grow HBCU endowments and catalyze wealth creation.
A heartfelt thank you for reading and see you next week!
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