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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. I spoke with Sopoong chief executive Max Sang-Yeop Han , a serial entrepreneur who joined Sopoong in 2016 and acquired the firm in 2019, to learn about the VC’s plans.

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Global VC Flourish launches Madica, an Africa-focused program to back pre-seed stage startups

TechCrunch

Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. It is these gaps that continue to inspire the development of new programs like Madica by US-based venture capital firm Flourish Ventures , which hopes to lessen the burdens of building startups.

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Meet the Black Female Founders from TC Include at TC Sessions: Justice 2021

TechCrunch

We partnered with various founder organizations — who in turn nominated promising early-stage startup founders — and collectively provide educational resources and mentorship to help these young founders develop and succeed over the course of the year.

founder 101
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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

What you want, however, is to increase the chance that such a founder winds up in your locale—that not only is it routine to find such a person, but there’s also a path for well meaning, aspirational folks just starting out their career to grow into that founder through learning, experience and mentorship.

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What went wrong at Techstars

Founders Coop

Not coincidentally, they also serve as training grounds for some of the world’s most successful startup founders. Although we haven’t been on the inside at Techstars for several years, we grew up with the program and have watched with growing dismay as it drifted away from its original focus on founders.

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

TechCrunch

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. Or will we have to repeat the same conversations about representation failings within VC funds?

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How Venture Capitalist Diane Yoo Chooses Her Startup Investments

StartupNation

With so many entrepreneurs and startup ventures seeking investment opportunities, it’s crucial that venture capitalists (VCs) create a list of criteria they want their potential investments to meet. As such, VCs have to consider a number of factors when choosing which companies or entrepreneurs in whom to invest.