Black Startups Matter

Supporting black startups ✊🏽 Add us if you believe #BlackStartupsMatter 🚀 🇬🇧 🇺🇸

[Black Startups Matter @blackstartups_]

Would love to hear about the black British #startup experience … highs/lows #BlackBritishTalks

[Ethan Mollick @emollick]

A financial argument for diversity in venture capital:
💸If the VC partners are all from the same school: 11% lower performance
💸If the partners all have the same ethnicity: around 30% lower performance
💸If they are all men: around 20% lower performance https://t.co/68Y5PAKmIV

[Black Startups Matter @blackstartups_]

Win?

[Black Startups Matter @blackstartups_]

Ok

[Tesco @Tesco]

Quote tweet this tweet and get 0 likes, 0 RT’s and 0 comments by 1pm tomorrow, winner gets a free #TescoMealDeal on us!

[Black Startups Matter @blackstartups_]

@Brexit Looking forward to @Femi_Sorry thoughts on this ??

[Black Startups Matter @blackstartups_]

If you are a black founder startup list here any offers for #BlackPoundDay

[ᴱᴺ⁻ lavine ⁷ @DIORYANGJW]

chadwick boseman and kobe bryant. two men with hearts made of gold. they inspired many people and put smiles on many faces. the world has lost two precious souls but heaven has gained two angels. heroes come and go but legends are forever. rest in peace and power.

[Elizabeth Warren @ewarren]

Police in Kenosha shot Jacob Blake seven times in the back. His children were watching. I'm holding them all in my heart today and hoping for a full recovery. Police brutality is a daily threat to Black lives. We must demand accountability.

[Arlan 👊🏾 @ArlanWasHere]

@sbmiller5 Thank you for being angry, Scott. This is what I’m looking for from friends and allies. Straight up anger, like we feel. 💜

[POCIT @pocintech]

👀👀

"On average, womxn of color founders (in particular Black female founders) are only able to raise $36,000 in startup capital and receive less than .00002% of Venture Capital funding — that’s less than 1%."

by: @SageQuiamno

https://t.co/7Gr0uKyfEK

[Janine Sickmeyer @myfriendjanine]

The stats: (via @TCfounders & @PitchBook)

- 2.8% VC funding went to womxn founders in 2019
- Less than 1% of VC funded startup founders are Black
- Even less... 0.4% are Latinx
- More than 40% of VC funding comes from the Bay Area

So what can we do?

[NTX Inno @NTXInno]

“I think at the end of the day we need more Black founders... We need more funded Black founders.” -- Dennis Cail of @zirtueme

[Arlan 👊🏾 @ArlanWasHere]

If you’re a white investor sending me a specific deal because the founder is a POC, but you haven’t committed to investing in that company yourself, have at least 3 single-spaced typed pages ready with an explanation as to why not. You know, there’s another oar over there, right?

[Black Startups Matter @blackstartups_]

Black founders:

How do you feel when BIG companies announce a black startup programme knowing they are doing the absolute bare minimum to tick a box.

Grateful as it’s a start or disgusted by their timely performative marketing?

#BlackLivesMatter
#BlackPoundDay
#blackstartups

[Rachael Twumasi-Corson @RaeCorson]

Sharing again as we're hiring! Remember, a no is not a never, unless you make it so...

[Black Startups Matter @blackstartups_]

If you have a black startup, drop the link below, comment, like and share. #BlackPoundDay

[Y Combinator @ycombinator]

YC W19's @Career_Karma Has The Potential To Be One Of The Most Impactful Startups In America via @causeartist: https://t.co/7HSPLhHIKP

[nihal @nihalmehta]

"As a firm that values diversity immensely, we realize that venture capital is not a meritocracy, and the best ideas of Black founders, founders of color and women, are often inhibited, not encouraged or empowered."

An update from our firm @EniacVC 👇🏾

https://t.co/7gyKXzVbP1

[Black Startups Matter @blackstartups_]

@jimmydouglas @ChrisJBakke @levie Privilege blinds intelligence that this is insentive (or racist if deliberate) ? #startuplife