Mar 30, 2020

💡Issue #192: AirBnb and COVID-19, Remote Jobs and Leon's Profit-Pivot

Revue

Andy Ayim on Minorities in Tech

March 30 · Issue #192 · View online

Your weekly newsletter on minorities in tech, venture and entrepreneurship 💫 http://andyayim.com

I realised this week there is a lot to be grateful for personally, family wise and in the wider community. My highlight was building my daughter a trampoline which she would sleep on if she could (loves it!!).

Work wise, I hosted an AMA (ask me anything) with Huckletree coworking community and I accepted that it is OK to be less productive at work given the circumstances. I would go further to encourage you to free yourself of guilt and work to the best of your ability within the restraints we all face.

It actually brightens up my day that I can be more present at home and enjoy this rare time with my family. I hope you too can see beauty in all this chaos.

Have a productive week.

FROM THE STARTUPS 🚀

BBC cover the story of Marini Naturals, The haircare business that has grown to sell in 12 countries.

AirBnB is going to cut all marketing ($800M), stop hiring, end employee bonuses, cut executive pay by 50% with potential layoffs to stay afloat.

The first big tech casualty of #COVID19. Shows importance of timing. Uber has cash from IPO while they delayed.

Brad Gillespie shared some thoughts on team size, burn and runway at the seed stage.

VC Cafe have shared 100+ Startups offering free products and services in response to Coronavirus.

FROM THE INVESTORS 💸

Funny Twitter account that was shared with me this week about VCs Congratulating Themselves.

List of COVID funding opportunities.

EVENTS 🎟️

Foundervine launches its first fully virtual startup creation program in collaboration with our partners at OneTech from 15th - 19th April.

Success Talks are hosting a free webinar for young people interested in finding out more about a career in private equity, hedge funds, venture capital or consulting.

Techtonic are offering Office Hours to help founders with advice, tips or just someone to speak to during these uncertain times.

JOB OPPORTUNITIES 💼

Lingumi is building the most effective, affordable and fun way for a child to learn to speak English before they reach their first classroom and they are hiring for a number of roles.

Stillhiring is a platform created from crowdsourced data only, to showcase employers actively hiring and able to onboard new employees.