Closing the race and gender funding gap

TechCrunch | 12/6/2019 | Staff
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week was a bit different than usual. First, we managed to come close to our old time target (20 minutes) instead of our regular length (30 minutes). And, second, Alex is coming back to TechCrunch starting next week!

News - Kate - Alex - Harlem - Capital

That done, let’s dig into the news that Kate and Alex discussed, starting with Harlem Capital’s $40.3 million new fund. The New York-based outfit has a focus on investing in minority entrepreneurs, who receive significantly less than their white male counterparts. This is one of the largest funds with a diversity mandate to date, and that’s something to be stoked about.

Next we turned to Mike Cagney’s canny fundraising ability. The former SoFi CEO, ousted for bad behavior, is putting together another huge funding round for his startup, Figure Technologies. The expected $103 million round comes after the...
(Excerpt) Read more at: TechCrunch
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