In July, Diarrha N’Diaye-Mbaye announced that her beauty brand Ami Colé will close in September. As one of the few Black women to have raised more than $1 million in venture capital, N’Diaye-Mbaye’s exit marks a loss not just for beauty lovers, but for Black female founders, too. Ami Colé had a devoted following, but the brand struggled to compete with industry giants backed by deep-pocketed corporations. “I couldn’t compete with the deep pockets of corporate brands; at retail stores, prime shelf space comes at a price, and we couldn’t
Join our Patreon for extra-long episodes and ad-free content: https://www.patreon.com/techish This week, Techish host Michael Berhane teams up with TechCrunch reporter Dominic-Madori Davis to break down why Silicon Valley is leaning into the intense 996 work culture. They also dive into Black beauty brands like Ami Colé struggling to stay afloat. Flo’s privacy trial, and Mira Murati’s $2 billion seed round. And for the Patreon subscribers: why the Tea app is in hot water and the dark side of tech’s H-1B visas. Chapters 00:43 Silicon Valley Embraces Controversial 996 Workweek07:11 Black-Owned
