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πŸ’‘ Issue #202: a16z new fund, Angel Investing School & Softbank $100m fund

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I want to start this week on a positive note as I practise a new self-care routine that limits my use
 

Andy Ayim on Minorities in Tech

June 8 · Issue #202 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship πŸ’« http://andyayim.com

I want to start this week on a positive note as I practise a new self-care routine that limits my use of social media, includes no news consumption and also starts the day with a peaceful prayer and meditation routine.
In the last decade, I have started and invested in wonderful internet businesses. One of the best investments in learning I have made this year is in buying a Micro Private Equity online course that teaches how to buy small internet businesses. One of the key takeaways it reminded me of is that you can buy small businesses with just a few thousand pounds, it is a game of inches and over time you can build those businesses up. It helped reframe the opportunity that exists on the internet.
The second highlight from last week was that I focused more than ever during a time where it is challenging to find a signal in a world full of noise. It can be easy to get distracted, emotionally charged and go off track from achieving your goals.
Finally, proud and pleased to announce that The Angel Investing School has now opened applications for the September 2020 cohort. You can learn more here.

The Angel Investing School has released applications for September 2020 cohort are now open for 30 places only.Β 
FROM THE STARTUPS πŸš€
Coordinate Sport, based in East Yorkshire raise Β£170K from Cornerstone Partners, a group of black angel investors in the UK.
Reddit Co-Founder, Alexis Ohanian steps down from The Board and asks to be replaced by a Black candidate

FROM THE INVESTORS πŸ’Έ
Andreessen Horowitz have launched the Talent x Opportunity Fund designed for entrepreneurs who have the talent, drive, and ideas to build great businesses but lack the typical background and resources to do so.
SoftBank to launch $100M fund to back companies led by people of color led by Paul Judge and Stacey Brown-Philpot.
BLCK VC share this thought-provoking video sharing views and actionable advice from black VC investors in America on racism and injustice.
Resilience and Recovery Loan Fund offers repayable finance and business support for individuals, charities and social enterprises that provide support for ex-offenders and people in recovery from addiction.
Bank of America announced it will commit $1 billion to help communities grapple with economic and racial inequality worsened Covid-19.
EVENTS 🎟️
The Debut Sessions are an opportunity for UK based startups formed in the last 12 months and raising their first round of funding to pitch to a group of active investors, from the comfort of your study or sofa.
Draper Esprite (VC) are hosting a fundraising workshop for founders on Weds June 17th.
M&C Saatchi Saturday School are sharing 6 months of free business mentoring for black owned businesses.
Innovators Room are hosting a webinar on Revenue-based financing for startups on Friday July 10th.
YSYS are hosting a demo day for their Pre-Accelerator, FoundersDoor on Tuesday 9th June at 6pm.
Finance for Teens by Bola Sol and Prospera GA, this Saturday.
JOB OPPORTUNITIES πŸ’Ό
Mountside Ventures are currently offering Student Internship positions in the UK.
SpeedInvest us hiring interns into their Pre-Seed Team for London or Berlin.
IN CASE YOU MISSED IT πŸ‘©πŸΏβ€πŸ’»
Resmaa Menakem, therapist and trauma specialist with old wisdom and very new science about our bodies and nervous systems, and all we condense into the word β€œrace” in this On Being podcast.
Michael Jordan has given $100 Million to Organizations for Racial Equality and Justice.
Aaron Townsend writes a powerful article on his experience and historical reference to how he navigates the world being both Black and British.
Kwaku Nortey shares his personal experience of growing up black through the education system, community and work in London.
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