Terri Burns, 26, the youngest partner in GV’s history and its first Black female partner, is launching her firm, Type Capital, according to Fortune. Breaking the Heat Cycle During her time at GV, formerly Google Ventures, Burns witnessed a recurrent issue within VC funding strategies: the reliance on “heat” from other investors before committing to a deal. “A lot of investors are driven by heat, versus being driven by true innovation,” she told Fortune. “[Founders are] talking to amazing investors, they’re getting some interest, but no one’s really willing to take the leap
Black-owned StatusPRO has reached a historic milestone with a $20 million Series A funding round from Google Ventures (GV), making it one of the largest Series A of any VR gaming company. StatusPRO StatusPRO was founded by Andrew “Hawk” Hawkins and Troy Jones, who each had a unique journey that propelled them into the tech space as Black co-founders of a budding startup. Leaning on their experiences as former athletes, the duo wanted to help others better understand what it takes to compete at the highest levels from an athlete’s first point of view. Their vision manifested
