If you want to see more people of color in VC, “look to the people at the top,” says Lo Toney – TechCrunch

[ad_1] Last week, we suggested that for a truly diverse venture industry, the limited partners who provide investing capital to VCs — institutions like universities and hospital systems — need to start incorporating diversity mandates into their work. Say a venture firm wanted to secure a commitment from the University of Texas System; it would…

BLCK VC co-founder Sydney Sykes talks specific actions firms can take to be more inclusive – TechCrunch

[ad_1] BLCK VC is on a mission to double the number of Black venture capitalists out there by 2024. The reason behind it shouldn’t need explaining — only 2% of all partner-level VCs are Black, and 81% of VC firms don’t have a single Black partner. It’s no surprise then, that the startup ecosystem that…

We asked 12 Boston startups about their diversity efforts – TechCrunch

[ad_1] Boston’s tech boom has led to a huge need for tech-related talent. But while the last decade has brought nearly 72,000 new tech jobs to Massachusetts, the growth brought with it slim progress regarding the makeup of who actually fills those roles. (Spoiler: It’s largely white men.) According to MassTLC, it will take until…

HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity – TechCrunch

[ad_1] In response to VCs’ sudden rush to invest in more Black founders, Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. Among the strategies? Team up with Black firms already doing the work. Some firms have said that they’re going to turn to HBCUvc, a…

If you’re not investing in diverse founders, you’re a bad investor – TechCrunch

[ad_1] BLCK VC is a nonprofit focused on empowering Black investors and increasing diversity in venture capital. We won’t sit here as we have for so many years with strong faces and encouraging words and pretend that we’re not tired. We’re tired because we’ve spent yet another week mourning our Black brothers and sisters who…

Snapchat ex-employees say past editorial practices were racially biased

[ad_1] Last week, Snap for standing up for Black Lives Matter. But former employees on the content team told Mashable the company didn’t always embrace the fight for racial justice so vehemently. One claimed their manager said a Men’s Fashion Week story featured too many black faces. Another said their editors thought stories on black…

Alexis Ohanian steps down from Reddit board, asks for his seat to go to a black board member – TechCrunch

[ad_1] Alexis Ohanian, the founder and former CEO of Reddit, stepped down from his position on the company’s board Friday as the U.S. roils with nationwide protests against police brutality after Minneapolis police killed George Floyd, an unarmed black man. Ohanian is calling on the company he founded to fill his position with a black…

Silicon Valley can fight systemic racism by supporting Black-owned businesses – TechCrunch

[ad_1] As the United States sees its second week of large-scale protests against police brutality, it’s painfully clear that the country’s racial divide requires significant short- and long-term action. But most of these calls for change gloss over the role Silicon Valley can and should play in mending the racial divide. Right now, activists are…

Forget sourdough, these sisters are launching a starter to create authentic Asian food – TechCrunch

[ad_1] For immigrants in the United States, representation can feel complex, celebrated and oftentimes a mix of the two. And that’s exactly why sister duo Vanessa and Kim Pham launched Omsom, a seed-stage food startup that sells packaged “starters” to recreate authentic Asian dishes at home. The starter contains sauce, spices and aromatics, and the…