Monday, December 19, 2022

After Musk puts it to a vote, 57% of Twitter poll respondents tell him to resign

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By Christine Hall and Haje Jan Kamps

Monday, December 19, 2022

December is getting long in the tooth, there's Christmas music on every radio station, and the poinsettias are in full bloom. It looks like the year is getting close to the end, and we, for two, are perfectly happy to see the back of it. Bring on the last 300 or so hours of the year, and we can start pondering what the new year will bring.  — Christine and Haje

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Startups and VC

Life as a startup founder is never dull. That's doubly true for Black founders, who routinely struggle to raise funds, be noticed and get their fair share of attention, Dominic-Madori reports. For the new year, she conducted a mini-survey to find out what Black founders are expecting in 2023. All three founders brought up the same concerns — the economy, the environment and equality.

Connie had the chance to catch up with Fabrice Grinda, a French, New York–based serial entrepreneur who co-founded the free classifieds site OLX — now owned by Prosus — and who has in recent years been building up his venture firm, FJ Labs. He often likens the outfit to an angel investor "at scale," saying that like a lot of angel investors, "We don't lead, we don't price, we don't take board seats. We decide after two one-hour meetings over the course of a week whether we invest or not."

We have a few more for you, just to scratch that curiosity itch:

3 Black founders predict little will change in VC in 2023

A rising tide lifts all boats, but when free-flowing venture capital starts to recede, underrepresented founders are the first to find themselves on dry ground.

Dominic-Madori Davis spoke to three Black founders to get their thoughts on the current funding landscape and the issues that are top of mind for them as we head into the new year.

  • Vernon Coleman, founder and CEO, Realtime
  • Sevetri Wilson, founder and CEO, Resilia
  • Abimbola Adebayo, founder and CEO, Pinnu Analytics

Okay, fine, if that ain't enough for you, here's three more TC+ stories to rest thine eyes on:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

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3 Black founders predict little will change in VC in 2023 image

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Big Tech Inc.

Deleting on WhatsApp didn't always mean delete for everyone, until now. WhatsApp lets you undo that deletion in case you moved too fast. Jagmeet writes that the "new feature, called 'accidental delete,' brings a five-second window to let users reverse the action of deleting messages for their own in an individual or group chat and delete them for everyone." Delete away!

And we have five more for you:

Read more stories on TechCrunch.com

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