A pre-seed, pre-accelerator fund by @Techstars, investing in underrepresented founders. Led by @NealSales @SabaKarimm @DavidCohen. Venture backed by Twitter
Did you hear? @amazon’s new Catalytic Capital initiative will invest in venture capital funds that support companies led by underrepresented founders, including @Techstars Rising Stars, our pre-seed fund investing in founders of color in the US. https://t.co/LHt6x2Rgx2
Black, Latino, women, and LGBTQIA+ founders are underrepresented across the total number of funded startups. Today, we're introducing Amazon Catalytic Capital, a $150 million initiative to invest in VC funds that support them. ➡️ https://t.co/QDG7eymZoC.
Our first community webinar went great! Founders loved getting to meet each other, and we did it "town hall style" where they each got to share their biggest challenges and help one another. At the end, we did Q&A. Everyone was grinning ear to ear, including us!
ICYMI: Techstars alum @_marcus_bullock chatted with #GiveFirst Podcast host @davidcohen about launching his company @flikshop and how he’s using his company to help reshape the criminal justice system: https://t.co/io2ogvER5h
I'm more convinced today than ever that venture capital will be the most important asset category in the world going forward.
Cycles will occur and the mega-bubble of 2021 will washout returns, but this is the only class that meaningfully will drive societal transformation
LIKE if you enjoy reading fundraising announcements celebrating underrepresented founders of color.
RETWEET if you dislike reading in the same article that last year was a record low in Venture Capital that went into underrepresented founders of color.
In the last few months I invested in @risingstars and @hirerunner.
Next week I’m investing into a coffee company co-founded by @SnoopDogg.
It’s fun to back people and teams you believe in ✨