The untapped potential of Women led VC funds; Fast Laughs at Netflix; The Black Founder Showcase by Google; How to enjoy a fully Remote Family Thanksgiving.
A weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem.
Happy Sunday Everyone,
Netflix is testing a new feature called "Fast Laughs." 1.4 million people were barred from the Airbnb because they refused to sign its no-bigotry agreement. Amazon has begun selling prescription drugs. Bird might go public via a SPAC. Duolingo raised $35M on a $2.4B valuation. Verizon sold HuffPost to BuzzFeed. Andreessen Horowitz (a16z) has closed a pair of funds totaling $4.5 billion. Roblox, a tween gaming platform filed for a $1 billion IPO. Twitter plans to take on Clubhouse with voice-based conversation rooms – or “Spaces.”
INSIGHTS
2020 New VC Research Report: The untapped potential of Women led VC funds
-Women in VC
The Story of a Cap Table: DoorDash
-Eric Newcomer
The VC Framework For Optimizing Success: The Kauffman Fellows Four Pillars
-Kauffman Fellows
The Capital Behind Venture: 2020-Insights from the investors behind Europe's Venture Capital ecosystem
-Mountside Ventures and Allocate
When AI Sees a Man, It Thinks 'Official.' A Woman? 'Smile'- A new paper renews concerns about bias in image recognition services offered by Google, Microsoft, and Amazon.
-Tim Simonite / Wired
Backstage Capital 5-Year Impact Report
-Commissioned by Backstage and prepared by TP Insights
OPPORTUNITIES, FUNDING & COMPETITIONS
British Vogue / BMW UK Scholarship Programme is a unique opportunity to join a 4-month paid placement, beginning in 2021. Apply by December 11, 2020.
Venture for Africa Fellow-Q1 2021 cohort! Apply for a unique opportunity to gain startup experience and local industry knowledge.
STARTUP GRIND Global 2021 Conference- FREE Scholarship Ticket Applications.
The Seven Seven Six Operator in Residence Program-A full-time, paid ($140K), one-year appointment designed to engage high-potential operators who are interested in pursuing a career in venture capital.
Bethnal Green Ventures Spring 2021 £30k investment + 12-week Tech for Good programme. Apply by January 11, 2021.
UPCOMING (VIRTUAL) EVENTS
Google for Startups Immersion: Black Founders Showcase, November 25, 2020.
Aster x SISTA Inclusive Hours: Masterclass-How to attract VCs in 10 slides, November 26, 2020.
The London & Partners Business Growth Programme presents Black Founders Meetup – the Opportunity in the US, December 3, 2020.
500 Startups Fireside Chat: Brian Hollins of BLCK VC, December 3, 2020.
Globally Black-A digital celebration of the innovation, creativity and power of Black women all across the world. December 4-5, 2020.
ON OUR RADAR
Howard University receives $1 million to open women’s center.
How to Have a Fully Remote Family Thanksgiving.
Microsoft Teams takes on Zoom with free all-day video calling on the web.
The pandemic is amplifying tensions between working moms and child-free colleagues.
PEOPLE / ANNOUNCEMENTS
American Express in partnership with IFundWomen of Color, revealed the 100 Black women entrepreneurs selected for its “100 for 100” program, which will provide each with grants of $25,000, for a total financial commitment of $2.5 million.
African fintech startup Chipper Cash raises $30 million with backing from Jeff Bezos.
2020 Out100 list recognizes members of the LGBTQ+ community for their groundbreaking, ripple-inducing, and culture-shifting impact around the world.
A slack community for GenZ VCs.
Barbara Whye is the new head of diversity at Apple.
Kourtney Gibson, President of Loop Capital Markets, has been added to the board of Lululemon Athletica.
Kerry Washington invested in direct-to-consumer jewelry startup Aurate.
A heartfelt thank you for reading and see you next week!
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