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investment

Brand new Techish! In this mini episode, hosts Michael and Abadesi talk all things money! • How to be a savvy saver• Why investing matters• Financial red flags, and more! Listen on Spotify or Apple podcast also. Watch On YouTube Extra reading: I Will Teach You To Be Rich by Ramit Sethi [Amazon] Unshakeable: Your Guide to Financial Freedom by Tony Robbins [Amazon] The Money Ladder: A 3-step guide to make and grow your wealth by Franklin Asante aka @urbanfinancier (UK-centric) [Amazon] Disclaimer: The information provided in this podcast episode represents the personal opinions

Through venture capital, Ohio has gave $86 million to early-stage tech companies in women – minority-owned or underserved areas. The money comes from the federally funded State Small Business Credit Initiative Venture Capital program and will be invested in 11 professionally managed funds. Ohio Funding These funds are aimed at investing in companies focused on things such as health care, manufacturing and food technologies. The funds were eligible to apply for between $5 million and $10 million. “These awards will help spur innovation by fostering a diverse entrepreneurial ecosystem and accelerating the

African tech startup Kubik has announced a $5.2 million seed funding round, making it the first Ethiopian company to raise a multi-million dollar investment in climate and sustainability solutions. Ethiopia’s First Company To Raise Multi-Million Climate Investment Kubik, named the Global Startup of the Year 2023, is an environmental company that uses tech to help countries reduce their carbon and plastic footprint. They turn hard-to-recycle plastic waste into low-cost, low-carbon, interlocking building material by removing environmental waste and creating ultra-durable, safe, affordable buildings. They are on a mission to build dignity through clean and affordable

Richualist founder Dawn Myers has secured investment from business figures Mark Cuban and Emma Grede on Shark Tank for her hair tool for textured hair. The washday styling tool Myers’ product, The Mint, is designed to detangle, condition, and style curly to coily hair types (classified as 3A to 4C).  The hair tool includes six attachments and is designed to simplify and enhance styling.  The technology used heats liquid hair products to optimize their effectiveness, addressing the often complicated and time-consuming nature of managing highly textured hair.  “You simply load your pod; think

Westbound Equity Partners, formerly Concrete Rose Capital, has raised an impressive $100 million to invest in Black, Latine, and diversity-focused founders.  Westbound Equity Partners Spearheaded by Sean Mendy, a former Boys & Girls Clubs of the Peninsula director, Westbound’s mission is to channel resources into startups that demonstrate potential while embodying a commitment to diversity and equitable culture. Mendy’s vision was to create a fund to break the homogeneous investment and entrepreneurship cycle and foster a more diverse and inclusive tech ecosystem.  The uniqueness of Westbound lies in its dual approach. On the one

Billionaires Mark Cuban and Michael Rubin agreed to invest $300,000 in Black-owned AI startup Bot-It, on a recent episode of ABC’s Shark Tank. Founded by Maurice Bachelor and Joel Griffith, Bot-It lets users automate online tasks like booking appointments, making restaurant reservations, and even securing concert tickets. Bot-It Bot-It is a new service that introduces web automation to everyday people without requiring any coding or technical skills to set up. Bachelor conceived the idea after seeing a friend struggle with completing an online task, and after searching the internet for

For almost six years, I’ve sat in on investor meetings and made deals with startup teams committed to disruption. I’ve seen entrepreneurship in its greatest form, and as an early-stage investor, I’ve been part of getting exciting ideas off the ground and into the marketplace. Uniquely, my career as a founder-turned-investor has been surrounded by nuanced advocacy for social equity and fair opportunities, driving me to relentlessly champion underrepresented voices and create a level playing field for all. Early in my career, I worked closely with the leadership gender gap

Aphonzo Terrell, who was laid off from Twitter last year, confirmed that his app Spill, which gained popularity within the Black community, has recently raised a $2M extension round and had celebrity investments.  The Spill App  Terrell and DeVaris Brown – CEO and CTO of Spill – are both former Twitter – now known as X – employees. The two met on their first day working at Twitter after noticing they were the only Black guys on their team. However, when Elon Musk bought Twitter, Terrell was laid off from

San Francisco-based startup Writer Inc., a generative AI platform for corporate content, has raised $100 million. Using AI to write content  Writer is a generative AI startup that uses its large language models (LLMS) to let enterprises and their employees write and edit content. This may include emails, documents, and ads adhering to a company’s editorial guidelines. With the name “Writer”, the startup only produces text, removing the operation of visual content such as images and videos. Founders May Habib from Lebanon and Wassem Alshikh from Syria used their personal

Today, Robert F. Smith announced that Vista Equity Partners, his market investment firm, has surpassed $100 billion in assets under management (AUM)—the total market value of all its investments. Vista Equity Partners Smith is the wealthiest Black man in the United States, surpassing Oprah Winfrey in 2018 as the richest Black American. He founded Vista Equity Partners in 2000 to invest in businesses that use tech to promote economic equity, ecological responsibility, and diversity and inclusion. He recently announced plans to sell Apptio – a company that helps connect technology investments to business

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