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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

Some firms have said that they’re going to turn to HBCUvc , a nonprofit organization that helps students from historically Black colleges and universities enter venture and tech. The program is expanding to Chicago in 2021, the blog post notes. Read the whole HBCUvc blog post here.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. The company is ServiceTitan, and its market… is air conditioners. The city of Glendale, Calif. “Silicon Beach” this ain’t.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank.

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Equity-Only CTO and Equity-Only Developers

SoCal CTO

I had a recent email dialog with the founder of a company looking for a CTO for their startup. And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? These “startups” are almost always mostly-non-technical founders offering 1-2% premoney for a “lead developer” position. It can be done, but it’s hard.

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Graphcore Scores $200M to Scale Up A.I. Chip Production

Xconomy

The Bristol, UK-based startup, founded in 2016, has now secured a total of more than $300 million in financing from venture capital firms and other investors including Microsoft and the corporate venture arms of BMW and Dell Technologies. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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6 Services from Telecom Infrastructure Companies in SoCal that Help Carriers Scale

Southern California Edison Blog

The telecommunications industry is under increasing pressure as customers demand high speeds and data transport, as well as implementing big data initiatives for their businesses. To keep up with demands, carriers are investing billions of dollar in infrastructure and service enhancements to help them grow. Wireless Backhaul.

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

I believe that over capitalizing companies too early often favors the VC. In the late 90′s I saw a dangerous trend creeping into the startup world, which was that companies were suddenly raising huge amounts of money too early in their existence. Over funding often produces bad behavior in early-stage companies.