<\/p>\n

Image Credits:<\/strong> Atlas Studio \/ venimo [composite] \/ Getty Images \/ Getty Images<\/p>\n<\/div>\n

African-Americans are underrepresented across every sector of tech, but an analysis by Dominic-Madori Davis and Tim De Chant found that \u201cU.S.-based Black climate tech founders received only 1% of all capital invested in climate tech startups\u201d in 2022.<\/p>\n

\u201cThat\u2019s $214 million out of $21.5 billion,\u201d which is in line with overall funding levels for Black founders. Regardless, \u201cthe lack of funding and dearth of DEI data suggests that the venture community writ large is overlooking a vast amount of untapped potential.\u201d<\/p>\n

Emerging managers shouldn\u2019t rush a first close \u2013 even in this market<\/h2>\n

<\/p>\n

Image Credits:<\/strong> Getty Images<\/p>\n<\/div>\n

Faster is not always better, especially when it comes to raising venture capital.<\/p>\n

In this climate, it\u2019s easy to see why emerging managers might want \u201cto hold a first close as soon as LP capital is in the door,\u201d writes Rebecca Szkutak. \u201cBut that may not be the best strategy in the long run.\u201d<\/p>\n

Although a first close starts the clock on collecting management fees, it\u2019s better to have some deals in the pipeline and a detailed strategy for future fundraising first.<\/p>\n

\u201cIf you set a date, you will miss it,\u201d said Kari Harris, a partner at law firm Mintz. \u201cYou will retreat and have to go back to the market, and it will look like you failed.\u201d<\/p>\n

Pitch Deck Teardown: Ageras\u2019 $36M Private Equity deck<\/h2>\n

<\/p>\n

Image Credits:<\/strong> Ageras Group<\/p>\n<\/div>\n

For a change of pace, Haje Jan Kamps analyzed a winning pitch deck for a late-stage startup: Copenhagen-based Ageras, a fintech platform that serves small businesses.<\/p>\n

The partially-redacted 31-slide deck reflects the complexity of \u201ca 300+ person company with a global footprint,\u201d writes Haje:<\/p>\n

\n
1. Cover slide<\/li>\n
2. Slogan slide<\/li>\n
3. Overview slide<\/li>\n
4. Products overview slide part 1<\/li>\n
5. Products overview slide part 2<\/li>\n
6. Traction slide<\/li>\n
7. Customer growth slide<\/li>\n
8. Products interstitial slide<\/li>\n
9. Product breakdown slide<\/li>\n
10. Product: Marketplace overview slide<\/li>\n
11. Product: Marketplace \u201chow it works\u201d slide<\/li>\n
12. Product: Accounting & admin software introduction slide<\/li>\n
13. Product: Banking introduction slide<\/li>\n
14. Product: Financing introduction slide<\/li>\n
15. Target customer slide<\/li>\n
16. Market-size slide<\/li>\n
17. Problem slide (\u201cSMEs struggle to get financing\u201d)<\/li>\n
18. Solution slide<\/li>\n
19. Go-to-market slide<\/li>\n
20. Mission slide<\/li>\n
21. Strategic focus area slide (redacted)<\/li>\n
22. Product roadmap slide (redacted)<\/li>\n
23. Acquisitions slide<\/li>\n<\/ol><\/div>\n

    <\/br><\/br><\/br><\/p>\n

    Science, Tech, Technology<\/br>
    \n<\/br>
    \nSource:https:\/\/techcrunch.com\/2023\/05\/19\/techcrunch-roundup-venture-debt-vc-survey-plg-boosting-tactics-bootstrapping-to-40m-arr\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

    Source:https:\/\/techcrunch.com\/2023\/05\/19\/techcrunch-roundup-venture-debt-vc-survey-plg-boosting-tactics-bootstrapping-to-40m-arr\/ TechCrunch+ roundup: Venture debt VC survey, PLG boosting tactics, bootstrapping to $40M ARR 2023-05-19 21:44:32 How many paying customers do you have, and how long are they locked in? Annual recurring revenue (ARR) has always been a key metric, but with valuations down across the board and new money too tight to mention, it\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":32740,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-32739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\n