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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Resource’s “ESO Accelerator” will train startup ecosystem leaders on how to build a more financially sustainable organization, as well as help connect them to potential funders. Resource is supported by a national coalition of funders committed to supporting entrepreneurs of color.

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5 questions emerging managers should ask before selecting LPs

TechCrunch

In order to make those investments, venture firms must first have the money, which means they’re not only just the funders, they’re fundraisers, too. But that image is only one part of venture capital.

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Cast.ai nabs $7.7M seed to remove barriers between public clouds

TechCrunch

million seed round from TA Ventures, DNX, Florida Funders and other unnamed angels to keep building on that idea. Frayman has been involved with multiple startups including Cujo.ai , a consumer firewall startup that participated in TechCrunch Disrupt Battlefield in New York in 2016. That’s what Cast.ai The round closed in June.

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Atomic-backed Jumpcut uses data to advance diversity in film

TechCrunch

He was a founder of Yodle, which was acquired by web.com for $340 million in 2016. ” Once a creator is identified by Jumpcut, they can A/B test their ideas with audiences of over 100,000 potential viewers, which helps the company prove to funders through data science that these ideas can sell.

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Freightify lands $2.5M to make rate management easier for freight forwarders

TechCrunch

million in pre-Series A funding led by Nordic Eye Venture Capital, with participation from Tradeworks VC, Venture Catalysts, 9Unicorns and Blume Funders Fund. The company was founded in 2016 by Raghavendran Viswanathan, its chief executive officer. The startup announced today it has raised $2.5

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Brazil’s Monkey nabs $6M Series A for financial marketplace

TechCrunch

The São Paulo-based startup was founded in 2016 by a trio that includes former Citi investment banker Gustavo Müller, Bruno Oliveira (who worked in strategic planning for Telefonica) and Felipe Adorno, an ex-senior developer for Netshoes and Infracommerce. Quona Capital and Kinea Ventures co-led the round.

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Why Have Early Stage Valuations Remained Surprisingly High?

Angel Capital Association

Also in 2016, valuations in the $3-6 million range comprised 42% of funding, yet by 2023 that has dropped to 10%. Angel groups typically have 10-20% member turnover each year, so that many of the angels negotiating terms today weren’t active in 2016 and hence think a $10 million valuation is “normal”.

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