Karin Fuentesová started off her career in the accounting sector, where she worked for 13 years. While working there, she observed how much time is wasted by people doing mundane tasks, such as manual data entry of invoices into accounting systems. After taking notes, Fuentesová launched Digitoo, which automates manual bookkeeping processes. Founded in 2019, the founder struggled to find investors but in 2021, it raised €900k in seed funding from Czech investors Kaya VC and Nation 1. For Fuentesová this was a huge success because only 46% of founders raise more than
According to U.S. Labor statistics, as of December 2020, the global talent shortage amounted to 40 million skilled workers worldwide. By 2030, the global talent shortage is expected to reach 85.2 million—сompanies worldwide risk losing $8.4 trillion in revenue because of the lack of skilled talent. But the reality is more complicated than just a shortage of developers. The problem also has a lot to do with how most companies hire developers. A 2017 Indeed survey found that 80% of U.S. tech managers have selected a candidate who has graduated from a coding boot camp
A new phone app is hoping to help close the racial wealth gap by empowering Black investors and helping build generational wealth. Trevor Rozier-Byrd, founder and CEO of Stackwell Capital, an early-stage startup on a mission to empower a new community of Black investors—specifically Black millennials and Gen Z, is ready for 2022. Launched early this year, the app combines pre-built portfolios based on risk, educational resources and behavioral nudges in order to address the pervasive underinvestment and unbanking of Black people in the US. It intends to drive black
Melisa Ellis , a University of Toronto graduate and founder of the non-profit social and technology enterprise Nobellum, is joining forces with the school to help launch at least 100 Black-owned start-ups by 2025. “I know first-hand what it’s like to be the only Black person working at a tech company,” says Ellis, whose mission to empower underrepresented students in entrepreneurship and STEM subjects also aims to uplift the Black business community at large. “When you’re in the market to hire Black talent or give business to Black vendors, you realize there aren’t
Egypt and US-based MoneyHash has just emerged from beta with $3 million in pre-seed funding.
As its latest diversity report shows, Netflix has made more progress in regards to diversity and inclusion, and according to the report, as of last year, more than half of the Los Gatos company’s global workforce and more than half of its leadership was female. Meanwhile, nearly 11% of its US workforce is Black and about 9% is Hispanic or Latinx — proportions that are significantly higher than those at many other tech companies. All those figures rose significantly in 2021 from the year before, according to the report, and
Although women make up half the workforce in the US STEM—science, technology, engineering, and mathematics – sector, they occupy just 27% of STEM jobs, according to the United States Census Bureau. These stats have led OLAY to launch . The social initiative, which debuted in 2020, aims to help double the number of women and triple the number of women of color working in STEM by 2030. To champion this cause, OLAY is highlighting four remarkable women including Dr. Raven Baxter, who is paving the way for a brighter future for students
Intuit is hiring on pocitjobs.com Maria Martinez has been working at Intuit as a software engineer for 4 years, her first job out of college after graduating in 2017. She currently lives in San Francisco, California. In this article, she tells us how she got into tech as an undocumented student, and how Intuit helped her thrive in her career with good management practices and employee resource groups. Hey Maria, Can You Tell Us What You Do at Intuit? I am a front-end engineer―I work on web user interface and
The AMPED Russell Technology Business Incubator has named the 35 companies and founders selected for its 2022 cohort. It’s the second year for the program, which was developed to support and scale Black- and LatinX-owned businesses. The first cohort, which included 30 businesses, will graduate from the year-long program on Thursday, February 24. Initially, the program was only planning to accept 20 businesses, but after interviewing 100 applicants, it opted to increase that threshold to 34 businesses. The incubator pairs its participants with business coaches: Jocari Beattie, founder of JoBe
According to sources who spoke to the ‘Rest of World‘ and compiled salary data, demand for tech talent is skyrocketing, but supply remains relatively scarce, fuelling fierce competition between startups and established tech companies. The publication’s report comes after research we published several weeks ago showed that over the past five years, tech and science jobs in the United States have outnumbered qualified workers by roughly 3 million. And according to the recent study we quoted – the next decade could see a global shortage of more than 85 million
