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We’re pretty excited about the news that Google for Startups is deploying $4 million worth of grant funding to a collection of 40 black-led startups across Europe, as Mike reported today. More of that sort of thing, please.
On TechCrunch+, our subscription product, Dominic-Madori writes a fantastic piece on why a downturn is business as usual for minority founders. Well worth a read.
On the topic of downturniness, Connie wrote a great piece that includes an interview with Brad Feld and serves as a field guide for startup board members in an up-and-down market. It’s a must-read for startup founders and board members who’ve not seen the inside of a market wobble before.
More, always more:
This week at TC Sessions: Climate 2022, Tim De Chant spoke to three active climate tech investors to learn more about how they identify new opportunities and what they’re looking for at the moment.
“Our job is to take risk, to a degree, and to risk it on teams that we think are truly talented,” Stead said.
“So that’s one piece of the equation,” she added. “But the other side of the equation is that the world doesn’t receive the benefit of anything unless it can scale, unless it’s fundable, unless there’s a great market with it, and it’s profitable.”
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Normally, we get into the Big Tech news and find it typically fits into a handful of buckets, but to our delight, there were a lot of great stories today that run across a number of industries. Let’s dig into some, shall we?
Starting over in TechCrunch+, Alex has been closely monitoring the ugly public markets climate for a while now and waiting, perhaps with bated breath, for it to get better and for a long list of companies poised for IPO action to pull the trigger. We are happy to report that it happened, and the company that opened “the IPO window” was not one that he expected.