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...
Online grocery delivery service Instacart has expanded the availability of a ‘click and collect’ pickup service it’s been trialing for a few months in the U.S. — now offering it in stores across the nation. It says the collect in person Instacart Pickup option is now available in nearly 200 stores — across 25 “key markets” near Atlanta, Boston, Charlotte, Minneapolis, Nashville, San Francisco, and Washington D.C. The Pickup service is intended to offer customers more flexibility by letting them choose a time to drive by and grab their groceries, rather than wait in for a delivery. Customers are offered a range of partner stores to choose for collecting their order. While pick ups can be made on the same day. Instacart says it’s expanded its partnerships for the now expanded Pickup service — saying it’s working with the likes of ALDI, Cub Foods, Food Lion, Price Chopper, Publix, Schnucks, Smart & Final, Sprouts, Tops Friendly Markets and Wegmans. To access the Pickup service, custo...