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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. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote. Among the strategies?

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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations. The company is based in Utah.

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5 Equity Crowdfunding Reflections Before You Sign Up

Startup Professionals Musings

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. In equity crowdfunding, no investor is representing their own interest. Lack of checks and balances on startup valuations.

Equity 164
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How To Identify New Venture Assistance Organizations

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Direct seed funding, for a share of the equity, and introductions to investors. Mentoring and technical assistance from volunteer or paid experts.

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Virtium Sold to Court Square Capital Partners

socalTECH

Rancho Santa Margarita-based Virtium , a developer of ruggedized, industrial, embedded solid state drives and memory, has been sold to private equity investor Court Square Capital Partners , by its existing private equity owner, L Square Capital Partners. Financial details of the deal were not announced.

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

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Marlin Equity Partners Buys 6N Systems

socalTECH

Los Angeles-based private equity investor Marlin Equity Partners announced this morning that it has acquired 6N Systems , a developer of financial and clinical software aimed at the long-term and post-acute care market. According to Marlin Equity Partners, it will merge 6N with SigmaCare, one of its portfolio companies.

Equity 157