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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.

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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

Ive been grateful to see that support firsthand throughout my careerwhether through the passage of the JOBS Act , the creation of Opportunity Zones , or, most recently, the Regional Technology and Innovation Hubs (Tech Hubs) initiative. This discussion is especially meaningful as our country approaches its semi-quincentennial next July.

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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. Venture funding does remain elusive , but here are some tricks for startup founders to hack the system. hit nearly $1.8

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What I did on my summer vacation: The First LP Close ($3.5mm) of Brooklyn Bridge Ventures

This is going to be BIG.

It would be months before Foursquare's first round touched off a NYC venture frenzy. I was out trying to save my startup by talking to as many investors as I could. I'm ecstatic to announce that Brooklyn Bridge Ventures has just completed a first close of $3.5

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VCs discuss the opportunities – and challenges – in Pittsburgh’s startup ecosystem

TechCrunch

I asked Peduto and Mawhinney what the single biggest obstacle has been in building out Pittsburgh’s startup ecosystem. Both responded the same way: venture capital. Register for the free event here.

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Index Ventures Raises $2.3 Billion in New Funds for Global Startup Opportunities

American Entrepreneurship

Observing emerging trends in the global startup ecosystem, Index Ventures announced the addition of $2.3 The convergence of AI, the abundance of skilled entrepreneurs, and known playbooks to build hypergrowth companies present founders with opportunities to create new, category-defining businesses that investors seek.

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Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

StartupNation

A strategist, educator and venture developer, Southfield native Monica Wheat has dedicated her career to venture capital, but what truly sets her apart is her dedication to improving Detroit’s startup community and making it more inclusive to women and girls. That’s where she first found out about the venture capital business.