A new Silicon Valley venture report shocks — because of how little the pandemic has impacted dealmaking – TechCrunch

[ad_1] The law firm Fenwick & West has published some new data to highlight how Covid-19 has impacted the world of venture capital in Silicon Valley. The biggest surprise? It’s how little impact the global pandemic seems to have had on dealmaking this spring. Consider first that valuations in April were actually higher than in…

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…

3 perspectives on the future of SF and NYC as startup hubs – TechCrunch

[ad_1] It has been an incredibly tough period for everyone the past few months as the global COVID-19 pandemic has wiped out whole industries from the economic map. While tech has been among the most resilient industries in the face of this cataclysm, the extreme mobility of the industry’s workforce begs large questions about what…

‘The money is still there,’ says APX managing director Jörg Rheinboldt – TechCrunch

[ad_1] APX is an early-stage accelerator in Berlin, but it’s not quite your average accelerator — it’s essentially a joint venture between giant European publishing house Axel Springer and Porsche, the German automaker. Earlier this month, we sat down with APX managing director Jörg Rheinboldt to discuss what makes APX different and how it’s weathering…

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…

The complicated calculus of taking Facebook’s venture money – TechCrunch

[ad_1] Facebook is reportedly getting into the venture capital game, but for young entrepreneurs working in social media, ignoring or deleting that particular friend request could be the right call. According to a report in Axios, the company is building up a corporate fund under the auspices of its “New Product Experimentation” team, which launched…

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…

This startup is tackling women’s bladder leakage with grace (and a subscription business) – TechCrunch

[ad_1] No one likes to talk about urinary incontinence, but the loss of bladder control is something that impacts millions of people around the globe. Women are especially prone to developing related issues because of pregnancies, childbirth, and menopause, all of which can affect the urinary tract and the muscles that support it. According to…