Dealing with a co-founder breakup can be the most challenging experience business owners face on their entrepreneurial journey. According to Noam Wasserman, a professor at the University of Southern California, 10% of co-founders end their relationship within a year of starting a business, and an additional 45% within four years. Although co-founder splits are normal, they can be emotionally taxing for all parties involved. Regardless of what might have led to the co-founder’s divorce, both parties must reach a mutual understanding before choosing to go their separate ways. In a recent post,
This article by Gloria Lo was originally published in UX Planet. In the past three months, I’ve had a few people ask me about how I landed a job in UX design without having any relevant experience under my belt. “How did you get into UX without a design degree?” “What did you do to learn how to become a UX designer?” “What advice would you give to someone looking to transition into UX design?” Many people would believe that the immediate answer to this is to complete an intensive
Timothy Armoo sold his influencer business Fanbytes to global digital marketing agency Brainlabs for an undisclosed eight-figure sum. He’s done what every aspiring business owner hopes to do – all at 27. We previously interviewed Timothy Armoo on the Techish podcast. Speaking to Sifted EU, Armoo, whose startup connects social media influencers with big brands for promotion work, says the acquisition is like a marriage. “You’re merging two companies, cultures and sets of people together, so you want it to be the right fit. Start “dating” partners while you’re still building
“I got my job through Twitter 🎉” I never thought that I’d be the one saying those words. I’ve always seen posts of people from tech Twitter who have shared that they got a job on Twitter or that online presence helped them secure a job. Little did I know that I would be a witness to this too. Welcome to all, and thank you for taking your time to read about my journey of how I got into tech, the challenges I’ve faced, the resources I’ve used, how I
If you feel lost and overwhelmed and have been looking for a guide or a little pick me up, this post is for you, and I hope it gives you the clarity and answers you need. Before you continue reading this, I want you to close your eyes and take a slow, deep breath. You have come too far to give up now. I recently started talking to newbies for 30 minutes on weekends and doing design reviews, sharing my knowledge and tricks. It’s my way of giving back and
There is an ever-growing list of schemes and networks which support diverse and underrepresented founders in Europe’s tech ecosystem. From Czechitas, a non-profit aiming to increase diversity in the tech sector through education and workshop initiatives, to Diverse and Equal — UK, a two-day conference on diversity and inclusion held in Manchester – there’s an increase in communities working on upskilling those from diverse backgrounds, empowering migrants and refugees, and engaging young people in tech. Here’s a list of other initiatives Diversidays — France This organization promotes social, cultural, and
As the financial downturn continues to daunt the world and we slowly move towards another recession, venture capital funding has dropped significantly, ultimately affecting the progression of early startup businesses. Entrepreneur McKeever “Mac” Conwell shares his tips on how startup businesses can survive, grow, and expand during these turbulent times. Black-owned VC firm, RareBreed, founded in 2021 by McKeever “Mac” Conwell, is a pre-seed fund that invests in early pre-seed tech companies. It also allows angel investors to become limited partners for more significant funds. So not only does it
Some of you might have heard about Antler, an early-stage VC firm that invests in some of the most “exceptional” (their words, not mine) founders worldwide. Well, the firm founded by Mark Zuckerburg’s classmate Magnus Grimeland, has a 3-month accelerator program each year. Did Mark and Magnus work together? Not exactly. Magnus might have worked for Mark at TheFacebook, as it was then known, if he weren’t also juggling classes and athletics and caring for his infant son, according to Forbes. Antler, launched in 2017 in Singapore, is striving to combine
Marketplace website MinorityBiz has a 51-page directory to find, compare, and hire minority- and Black-owned businesses across the U.S. to service your company’s needs. It’s not the only directory out there that’s trying to shine a light on Black professionals and their ventures. Here is a list of online directories to help you find the right Black-owned business partners for your needs. We will continue to update this list as we find more resources. Official Black Wall Street Official Black Wall Street hosts a variety of local and online consumer products as well as business
Black-founded startups recently saw record amounts of investment, with quarterly funding commitments nearing or even topping $1 billion. But according to new data from Crunchbase, venture capital funding has dropped significantly in the second quarter of 2022, down to just $324 million. So far in 2022, only 100 U.S. startups with a Black founder have received funding, with $100 million invested in seed rounds, $591 million in early-stage rounds, and approximately $876 million in later-stage rounds. Startups with at least one Black founder received 1.9% of deal counts and 1.2% of