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23 Most Promising Healthcare Startups of 2021, According to Top VCs
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Posted: May 23, 2021 5:00 AM ET | Last Updated: May 23
Daniel Dibaba says Dentonia Park has been much busier during the COVID-19 pandemic. But unlike some city parks, he hasn t noticed more littering.(Trevor Dunn/CBC)
For Daniel Dibaba and his two young children, Dentonia Park has been their go-to spot for the past year.
The East York park, near Victoria Park and Danforth avenues., is a short walk away from Dibaba s apartment building. The family makes at least one trip to the playground per day, and they re not the only ones. In the afternoon, it is packed here, Dibaba said on a recent morning while his children and others played nearby.
Right-wing extremism in Canada
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Total funding: $110 million, according to Crunchbase.
What it does: Clubhouse is an audio-only social app where users meet up in chat rooms to listen to talks, hear comedy stand-up routines, and partake in a slew of other audio-focused activities.
Why VCs like it: Clubhouse launched about a year ago, joining a crop of fast-growing startups that have boomed during the pandemic. Its app offers another way for at-home consumers to socialize in groups while in-person gatherings are on hold.
Clubhouse remains invite-only, but the company already has millions of users. It s raised over $100 million from investors like Andreeson Horowitz.
The company has faced some growing pains as it wrestles with content-moderation issues that arise from live audio content. Its app was recently banned in China after it became a hub for political dissent. It also faces new competition as big tech platforms like Twitter and Facebook are working on their own Clubhouse-copycat products.
Arlan Hamilton is building a new kind of VC
An interview with the founder of Backstage Capital
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One of the things I’m excited to do on
Decoder is talk to people who are shaking up industries and trying new things. My guest on today’s episode is known for that: Arlan Hamilton is the founder and managing partner of venture capital firm Backstage Capital.
Arlan came to the VC world in a unique way: she started Backstage without formal education or experience in investing, and her firm focuses on funding startups run by people of color, women, and the LGBTQ community. Backstage has done 160 deals so far, with investments in everything from online beauty retailers to satellite internet companies.
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