While I may be the first, I won't be the last! Paypal's Black-Owned Small Business Promotion campaign; Black entrepreneurs receive just 0.24% of capital in the UK; Teslaquilla.
A weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem.
The Vice President of my country is a Black Woman y’all!! Can I just add that she is a proud graduate of my HBCU Howard University and a member of my sorority Alpha Kappa Alpha!
Yesterday, it was declared official that the Biden-Harris ticket has won the nomination for President and Vice President of the USA! For the first time in history, Kamala Harris, a Black/Indian woman will be the Vice President of the country!!
Americans lost 138 million hours of sleep on election night! The SEC will now let companies raise up to $5 million through online crowdfunding, up from $1.07 million. "Baby Shark Dance" is now the most-watched video on YouTube (7.1+ billion views). The US DOJ is seeking to block Visa's $5.3 billion purchase of fintech analytics startup Plaid. Netflix is testing a TV channel. Elon Musk first mentioned "Teslaquilla" in a jokey tweet in 2018 – and now the $250 drink is sold out.
INSIGHTS
Read Kamala Harris’s Vice President-Elect Acceptance Speech
-Vice President-Elect Kamala Harris
Report: Black entrepreneurs receive just 0.24% of capital in the UK
-Extend Ventures-Quantitative Research Report, Nov 2020
Funding women entrepreneurs: How to empower growth
-European Investment Bank
In praise of VC partnerships
-Francesca “Check” Warner / Ada Ventures
Report: Which diversity measures work? What are North America & Europe’s Unicorns doing to improve their gender balance, and which measures correlate with the best results?
-Maddy Cross / Notion.VC
The European VC Female Founders Dashboard
-Pitchbook
Don’t just ship it: Why we worked on a new idea for 3 years
-Aytekin Tank / JotForm
OPPORTUNITIES, FUNDING & COMPETITIONS
Pay-Pal Black-Owned Small Business Promotion campaign. Add your business to PayPal's internal holiday gift guide.
645 Ventures is hiring a part-time investment fellow to work with their Investment & Research team.
BRAC have an open call for applications for projects supporting Women’s Economic Empowerment and Digital Finance. Deadline November 25, 2020.
New Stack Ventures is seeking undergraduate, masters and MBA-level students for a remote venture fellowship program beginning in January 2021. Deadline November 30, 2020.
Year Here is a social innovation fellowship and incubator for people ready to build a startup that matters. Applications due December 6, 2020.
UPCOMING (VIRTUAL) EVENTS
Africa Tech Festival - a virtual event taking place on November 9-12, 2020 that brings together leading events AfricaCom, AfricaTech, Video Exchange Africa, the AHUB and more.
Backstage Capital Chat: It's Not Charity, It's Smart Business: Why You Should Invest in Underestimated Founders. November 10, 2020.
Changing Tides Movement for The Wave, a one-day virtual event highlighting womxn founders, investors, and business owners. November 12, 2020.
WEBINAR - Women Investing In Women by Women of Wearables Global. November 12, 2020.
Cultivate Africa is an event to galvanize partnerships to promote resilient food systems, November 17-18, 2020.
YCombinator: The Future Founders Conference, A virtual event for women globally, November 18, 2020.
ON OUR RADAR
Police are using fingerprint scanners to target Black Britons.
New Zealand's Jacinda Ardern appoints country's first Indigenous female foreign minister.
Volvo will sell a range of fully electric trucks across Europe next year.
PEOPLE / ANNOUNCEMENTS
Netflix hires producer Fiona Lamptey as director of UK features.
Zeal Capital Partners Announces $22.3 Million close Anchored by PayPal.
Walgreens Boots Alliance Appoints Valerie Jarrett to Its Board of Directors.
Forethought CEO Deon Nicholas raised $17 million in a Series B funding round.
Craig Lewis, Founder and CEO of Dallas-based Gig Wage, a fintech payroll platform provider for the gig economy, gets $7.5M in funding.
Nasir Qadree, Founder of Zeal Capital Launches $50M Fund for Diverse Edtech Founders.
Precursor Ventures, led by Charles Hudson, has closed the first tranche of $29 million for his new $40 million fund, first filed in March 2020.
Hustle fund, created by Elizabeth Yin, has raised $30 million for a new fund with the intention to close $50 million.
A heartfelt thank you for reading and see you next week!
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