Startup investing in Africa has come a long way, partly due to the work that angel investors do in helping startups take off. Angel investors are the individuals who provide early-stage financing for startups, helping them get off the ground, and hopefully attract bigger investments. Because they invest at the very early stages of a startup’s life, the chances of failure are really high, yet many startups may never get started without the money they invest. We spoke to Biola Alabi, an angel investor and the founder of Biola Alabi Media,
With the global pandemic confining many to their homes, it seemed like everyone was talking Crypto, GameStop, and Dogecoin. Many wondered, “am I the only one not getting rich?” Hello FOMO… The year indoors provided many with newfound disposable cash. The upside is a significant investment boom amongst Black millennials – with Black Americans investing in the stock market at three times the rate of their white counterparts. The investment gap This surge of activity by US Black millennials investors is closing the “investment gap”. According to an Ariel Investment and
Before it was time for my regular afternoon nap, I scrolled on Twitter to see a statement from Jason Fried, CEO/Co-Founder at Basecamp, about some of the changes that were being made. You can read the article here. As I begin to read through the announcement, I thought internal changes would have meant some changes to their products or team but what I read is something I never saw coming. There are many things I want to point out but let me focus on what sticks out the most. The first
Black journalism has shaped the way we look at the technology industry. Get to know the writers and storytellers amplifying Black stories and speaking up across matters as varied as race, artificial intelligence, venture capital, diversity, and other issues affecting communities of color. Sidney Fussell, Senior Staff Writer for WIRED Sidney is a Senior Staff writer based in San Francisco covering technology for WIRED, writing compelling features about surveillance, health, spending data, and Silicon Valley’s social and political impact. Sidney was previously a technology writer with The Atlantic but has also
The summer of 2017, Luis Fonsi and Daddy Yankee’s “Despacito” remix featuring Justin Bieber had become the top song in the country. While it was already a hit pre-Bieber, Justin’s auto-tuned Spanglish brought the song into the consciousness of many Americans, qualifying a predominantly Spanish-language song as “mainstream,” i.e. not only digestible but desirable to the wider American public. No small feat. I was at a popular lounge in New York City when a DJ played the record. A woman sitting at the neighboring banquette, partying with her daughter and friends, reached
