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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

billion in the first half of 2021 — a fourfold increase from the previous year. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Funding for Black entrepreneurs in the U.S. hit nearly $1.8

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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

We believe great companies can start and scale anywhere, aided by the fact that startups in emerging venture communities are often more capital efficient, offer a lower cost of doing business, and attract talent looking for a better quality oflife. I have more like them, but not nearlyenough.

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New Zealand’s startup ecosystem poised to grow more ‘tall poppies’

TechCrunch

New Zealand, a country of just under 5 million people, has historically flown under the radar of venture capitalism. Despite the pandemic, venture and early-stage investment in New Zealand is reaching record highs. According to Crunchbase, money raised by New Zealand startups increased 30%, from around $1 billion to $1.3

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Despite the downturn, CVC gains traction in Brazil’s startup ecosystem

TechCrunch

In prior roles, he was an associate at a LatAm-focused venture capital firm and worked in corporate venture with regional banks and the Brazilian stock exchange. More posts by this contributor US-listed SPACs have a new target: Latin American tech companies Will Brazil’s Roaring 20s see the rise of early-stage startups?

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. billion, according to data from Partech.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? By 2021 we had to write a $3.5m

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Boston startups expand region’s venture capital footprint

TechCrunch

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. For our October look at Boston and its startup scene, let’s get into the data and then understand how a new cohort of founders is cropping up among the city’s educational network.