A few weeks ago, the American Alliance for Equal Rights won a legal victory in an Atlanta when the 11th U.S. Circuit Court of Appeals temporary blocked a small venture capital fund, Fearless Fund, from running a grant contest that awards $20,000 grants to small businesses led by women of color. The victory may or […]
early stage investing
A Billion Kids on the African Continent Are Entering School. Enko Education Helps Some Reach the Ivy League
In 2011, Eric Pignot enrolled in business school at MIT after seven years in the technology sector. He was seeking more control over his destiny, and a way that he could make a difference. At MIT, a few critical things happened. One was that, after a summer internship, he turned down a chance to apply […]
Venture Capital Returns Are More Skewed Than People Realize
This post originally appeared on Seth’s blog. Some of the most popular posts I’ve written over the past couple of years were the two that focused on just how rare outsized returns for an individual deal are in venture capital. You can see the original posts here and here. In those posts I was analyzing […]
Taking the Fight Outside
The rolling hills of Northwest Arkansas—representing a generous chunk of Ozark mountains—counts as one of the great underappreciated treasures of the American landscape. Few travelers have it on their to-do lists, yet its natural beauty and abundance of recreational opportunities such as biking, rafting, climbing, and hiking, draw a steady stream of enthusiasts year-round. Still, […]
As A Historic Eviction Crisis Looms, New Tech Companies Offer A Way For Landlords And Renters To Negotiate
Falling behind on rent is an age-old problem that’s been exacerbated by the coronavirus pandemic. Some entrepreneurs are taking things into their own hands, as evidenced by the growing number of platforms designed to give renters more flexibly throughout the month and thus avoid delinquencies and, what’s worse, evictions. Platforms such as those provided by […]
Fund of the Week: 1863 Ventures Invests In New Majority Entrepreneurs Aiming For Scale
Fund: 1863 VenturesWashington, D.C.First close of $2.5 million, aiming to raise $10-$20 million What it is: An impact-oriented venture capital fund investing in New Majority entrepreneurs. The fund is attached to a business development program committed to accelerating New Majority entrepreneurs from high potential to high growth. 1863 Ventures and its affiliated program have supported 559 founders; about 90% of […]
Entrepreneurship In Puerto Rico Gets A $100M Jumpstart From A Billionaire
Mark Wieder quickly fell in love with Puerto Rico. But when he wanted to move there, he had to convince his girlfriend and business partner, Sophie Roman. Even though her parents were born on the island, Puerto Rico was not on Roman’s list of places to live and work. “The way that I saw it […]
A Y Combinator Company, Cloosiv, Makes It Easy For Customers To Help Coffee Shops
Three weeks ago, just about when the pandemic was starting to hit the United States, an app called Cloosiv launched a new interface to allow coffee lovers to find local coffee shops and order curbside. The founders woke up to a storm. Business has been rising 750% a week since. As of Wednesday, 600 coffee […]