One of my fav articles of the year below on The Psychology of Money. Tone of good reads this week, en
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August 27 · Issue #113 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship đź’« http://andyayim.com
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One of my fav articles of the year below on The Psychology of Money. Tone of good reads this week, enjoy! Apologies for the influx of news on YC (Y-Combinator), promise it is a one off!
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Sustainable Startups Need Different Investment Instruments
Not long ago I was in Portland for the first ever DazzleCon. Turns out this is not a conference about rhinestone jackets but rather a gathering of the budding “zebra” community.Â
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BYP Network: Diversity Recruitment Fair Tickets, Mon, 10 Sep 2018 at 16:00
The inaugural Black Young Professionals Recruitment Fair will be held at The Grange City Hotel, London on 10th September. It will be the perfect opportunity for black students, graduates and experienced hires to meet and learn more about the UK’s top employers such as Homeaway, Spotify, Sky, Santander and Unlocked Graduates!
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Mattress Upstart Tuft & Needle Agrees To Merge With Serta Simmons
“They bootstrapped and turned down offers of VC funding. Before the sale, Park and Marino owned the vast majority of the biz, with the only other stockholders being employees to whom they had given equity grants.” This was a $170M revenue biz!
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#FacesLikeMe Campaign
Good awareness campaign by UK Black Tech on black women in Tech.
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Here are @microtraction companies from YC
Nigeria has so much untapped potential for tech startups!Â
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From Social Commerce to Preschools, Lessons Behind Wondershool’s Pivot to Raise a $20M Series A
We’ve all heard the tale of the mystical pivot that saves a company. What we don’t hear enough is the pure willpower and series of tough choices founders make to survive through a tremendous pivot. Notice how they started with getting just one school working well. Do things that don’t scale!
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645 Ventures Leaps Ahead With Second Fund
The New York-based early-stage firm has raised $40 million for its second fund, up from its first fund of $8 million in 2014. #Gains
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The Psychology of Money · Collaborative Fund
Check out this story about two investors, neither of whom knew each other, but whose paths crossed in an interesting way.
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Introducing the Cultural Leadership Fund
More details about the new a16z fund we shared last week.
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Startup School: Every Company that Applied is Now AcceptedStartup School: Every Company that Applied is Now Accepted
YC messed up and sent acceptance emails to many Startup School applicants who we didn’t previously have a place for. Awesome decision is that they decided to use this error as an opportunity to try something new: YC are going to let in every company that applied to Startup School. But do they all get the £10K though….errrr nah
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Queen Latifah Announces $20 Million Investment in Creators of Color – Walker's Legacy
This $20 million initiative will provide more financial support while building a stronger production and economic infrastructure for artists of color.
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Jamie Oliver’s jerk rice was a recipe for disaster – here’s how to make a great Caribbean marinade
The chef’s microwavable interpretation of Jamaican cuisine has been called out as cultural appropriation. Such a funny read!
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Support for ethnic minority entrepreneurs helps 11,000 businesses get off the ground - GOV.UK
More than 1 in 5 government loans have gone to black, Asian and ethnic minority entrepreneurs. Hmmmm
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New research highlights the racial wage gap in the tech industry | CIO
Tech’s diversity problem goes beyond underrepresentation. Black and brown tech workers do not get equal pay for equal work, regardless of their gender.
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Papa John's Hires Bozoma Saint John To Revamp The Company's Image
Will Bozoma Saint John be able to turn Papa John’s image around? This article examines whether Papa John’s can improve its image and makes recommendations for moving forward.
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YC 2018 - List of Startups
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