Businessnewshubb
Advertisement
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
Businessnewshubb
No Result
View All Result
Home Startup

3 Black investors share what they are prepping for come the new year • TechCrunch

December 23, 2022


This year’s been eventful for investors and founders alike. Just as it seemed the venture capital boom of 2021 was slowing down, the startup and VC worlds spun on their axes practically overnight, birthing a new dynamic where “growth at all costs” was quickly replaced by a more measured and careful approach to business and investing.

For 2023 then, it appears investors are focusing on trends that are relatively safer and likelier to bear fruit. Xfund’s vice president, Jadyn Bryden, and Lightship Capital’s principal, Alexis Alston, told TechCrunch that they are focused on generative artificial intelligence.

“I’m looking forward to seeing how AI can contribute to scaling previously human-led areas of business, such as sales, social media, marketing and content development,” Alston said.

According to Richard Kerby, a general partner at Equal Ventures, vertical software is a good subsector to watch. “What that looks like in practice is software that provides some sort of workflow improvement to a category that enables a company to monetize via a variety of financial services,” Kerby said. “Some of the sectors that we will be exploring include supply chain, logistics, insurance, construction and e-commerce enablement.”

When it comes to funding for under-represented founders, the investors mostly agreed that not much was likely to change. While Alston said she was concerned that the numbers were going to drop, Bryden believes that more venture dollars would go to Black founders as there are “increasingly more diverse investors each year.”

“It is a slow progression,” she said, noting that more diverse-led firms are popping up to support Black founders. “Having Black decision-makers at the table can be a great way to make sure that Black founders have representation across the board.”

Read the full survey here to find out what these investors expect in 2023, which laws and policies they’re keeping an eye on and the best way to pitch them.



Source link

Previous Post

Year in review: biggest tech stories of 2022, 2023 predictions

Next Post

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs – Altcoins Bitcoin News

Next Post

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs – Altcoins Bitcoin News

R|T: The Retail Times – Shopify abandons The Well

This year in tech felt like a simulation • TechCrunch

BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022 – Featured Bitcoin News

H|T: The Healthtech Times – MasterControl becomes unicorn after $150 million Series A

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Can 4 activist investors play nice in the Salesforce sandbox? • TechCrunch

by admin
February 3, 2023

Salesforce finds itself in a rather unusual situation, with four activist investors operating inside the company at the same time:...

Shopify invests in US-based e-commerce analytics aggregator Triple Whale

by admin
February 3, 2023

Triple Whale helps Shopify merchants unify business metrics into one dashboard. Shopify has made an investment into United States-based Triple...

DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case – Bitcoin News

by admin
February 3, 2023

Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S....

Apple, Google and Amazon post disappointing results as tech giants face gloomy economic outlook

by admin
February 3, 2023

Apple, Amazon and Alphabet all posted disappointing quarterly results this week, while Facebook parent Meta bucked the gloomy trend in...

business-news-hubb-white

© 2022 Business News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Categories

  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

© 2022 Business News Hubb All rights reserved.