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🎄Issue #230: MaC Ventures, Meghan Markle & Year End Review 🎅🏾

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This week, I kicked off my Year End Review, inspired by a structure created by my friend Anne-Laure a
 

Andy Ayim on Minorities in Tech

December 21 · Issue #230 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship 💫 http://andyayim.com

This week, I kicked off my Year End Review, inspired by a structure created by my friend Anne-Laure at Ness Labs (access here). I stopped publishing end of year lessons learned articles in 2018. I wanted to share two of the many lessons I’ve captured.
3 lessons I shared to someone starting to invest in stocks and shares
1. It’s a game of inches. So invest consistently over a duration of 10-15 years with the same strategy.
2. Time in the market beats timing the markets. S&P500 index funds average a return of 7% a year on a 15 year duration. This outperforms 95% of fund managers + their team of researchers 😅
3. If you do want to invest in single stocks or funds. Allocate no more than 15% of your portfolio as its a higher risk strategy and still think long term in your allocation rather than lump sum investing.
The first two principles are widely applicable to life!
Travelling opens up your mind
Relativity and travelling are correlated. Reading is a form of travelling as valuable as boarding a plane.
Have a very Merry Christmas and Happy New Year.
See you back on Monday 11th January 2021. 💫

FROM THE STARTUPS 🚀
Tech Nation reveal their 30 Rising Stars from all regions across the UK.
OpenSensors secures $4M for air-monitoring platform which allows offices to be more COVID-safe (Black female role model).
Meet the Nigerian entrepreneur who raised $20.5 Million to help truck drivers manage their business.
Forbes lists 30 Black owned businesses to support in 2021.
Black female founded Freyda, secures pre-seed funding of £625K.
FROM THE INVESTORS 💸
The Duchess of Sussex, Meghan Markle has invested in a new California-based superfoods company, Clevr Blends.
Former NFL star DeMarcus Ware launches fitness app D2W and is seeking $30 million Series B to grow his fitness app Driven to Win.
Goldman Sachs’ Launch With GS announces an investment in MaC Venture Capital I.
Ada Ventures share a one year overview of investing in overlooked founders.
EVENTS 🎟️
Q Ventures are open to receiving applications for pre-seed funding from founders in the UK.
Bethnal Green Ventures are hosting a Tech for Good Showcase on 19th January.
Black founders in the US can pitch for a $100,000 investment with Capital Factory.
JOB OPPORTUNITIES 💼
Diversity VC are hiring a new CEO, apply now.
IN CASE YOU MISSED IT 👩🏿‍💻
In 2021, we must show that Black Lives Matter beyond diversity theater.
BBC Radio 4 features Barack Obama reading from his new book.
Harvard Business Review shares insights into the new Creator Economy for solopreneurs.
0207 Def Jam UK hire rapper Wretch 32 as Creative Director.
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