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81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...

Harley-Davidson bets its future on the LiveWire electric motorcycle

It’s been a four-year wait since Harley Davidson first showed off a concept electric motorcycle. Now, the production-ready bike — called the Harley-Davidson Livewire — is finally here. Well, almost.


The Milwaukee, Wisconsin-based company unveiled the production-ready electric motorcycle Tuesday at the EICMA motorcycle show in Italy. It won’t be available though until next year.


harley livewire- electric bike side


Harley is placing a big bet on electrification in hopes that it will revive the brand, which has struggled in recent years. LiveWire is supposed to the be first in what will be a portfolio of electric Harley-Davison motorcycles that will be available by 2022.


To encourage the switch to electric, Harley will install Level 2 public chargers at dealer locations that sell the electric bikes.


Harley didn’t release pricing or range and performance information on LiveWire. There were some new, (and of course some rehashed) details on the specs of the bike though.


The bike will be powered by a permanent magnet electric motor that is located low in the motorcycle to lower the center of gravity and improve handling at different speeds and make it easier to control when stopped, the company said. The LiveWire will have two batteries: the main battery, comprised of lithium-ion cells surrounded by a finned, cast-aluminum housing, and a small 12-volt lithium-ion battery that powers the lights, controls, horn and instrument display.


harley livewire battery


The bike can be charged with a Level 1 charger that plugs into a standard household outlet with a power cord that stores below the motorcycle seat. For faster charging, it can also be charged a Level 2 and Level 3, or DC Fast Charge (DCFC), through a SAE J1772 connector in the U.S., or CCS2 – IEC type 2 charging connector in international markets. 


Livewire will have seven riding modes, three of which are rider-defined. The modes will be tuned with adjustable high-specification Showa suspension. The bike will also have an adjustable color touch screen display located above the handlebar. The screen gives riders access the interface for Bluetooth connectivity, navigation, music and other features.


The bike won’t have that trademark gas-powered sound, so Harley has given it a tone that will increase in pitch and volume with speed. The company says the new sound that “represents the smooth, electric power of the LiveWire motorcycle.”


harley livewire electric motorycycle


The bike is fitted with Brembo Monoblock front brake calipers gripping dual 300 mm-diameter discs. It also has an anti-lock braking system and traction control system, which will come standard.


The company says it will reveal more product information on Livewire as well as details about the pre-ordering process in January 2019.

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