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BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors


BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors
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BLCK VC members including co-founders Frederik Groce and the scout program s mastermind, Sydney Sykes, at center.
BLCK VC
For all the high-speed growth and innovation that venture capital is supposed to fuel, the industry itself isn’t structured for quick change. BLCK VC co-founder Sydney Sykes knows it first-hand. Since last summer, firms have reached out to Sykes for advice on changes they can make fast.
Increasingly, her answer has been a program growing in popularity in VC: the scout. “Firms will hire a partner once or twice a year max, or an investment professional. But scout programs can be as large as you want,” Sykes says. “This seems like a really obvious solution to get more dollars in the hands of Black investors.” ....

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Snack, a 'Tinder meets TikTok' dating app, opens to Gen Z investors – TechCrunch


Snack, a ‘Tinder meets TikTok’ dating app, opens to Gen Z investors
Snack, a video-first mobile dating app designed with a younger generation in mind, is opening itself up to Gen Z investors. The startup today announced the launch of its own Gen Z Syndicate on AngelList, which will allow Gen Z community members, influencers, creators and others to participate in the company’s upcoming $2 million SAFE, alongside other funds and angel investors.
The company in February announced $3.5 million in seed funding for its modern, TikTok-style dating app, where users post videos to a feed which others then like in order to be matched. Snack believes videos allow users to better showcase their interests and lifestyle, as well as show off their personalities in ways static photos cannot. When two people like each other’s videos, they’re invited to direct message one another. ....

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