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...
Let me just say that I love the idea of a folding phone/tablet device. I was a Courier fanboy when Microsoft floated that intriguing but abortive concept device, and I’m all for unique form factors and things that bend. But Samsung’s first real shot at a folding device is inexplicable and probably dead on arrival. I’d like to congratulate the company for trying something new, but this one needed a little more time in the oven. I haven’t used it, of course, so this is just my uninformed opinion (provided for your edification). But this device is really weird, and not in a good way. It’s a really thick phone with big bezels around an small screen that opens up into a small tablet. No one wants that! Think about it. Why do you want a big screen? If it’s for media, like most people, consider that nearly all that media is widescreen now, either horizontal (YouTube and Netflix) or vertical (Instagram and Facebook). You can switch between these views at will extremely easily. Now consider t...