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TechCrunch Daily Crunch

Elon Musk Confirms new X Premium Tiers

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

438 Ratings

🗓️ 21 October 2023

⏱️ 4 minutes

🧾️ Download transcript

Summary

Black founders received 0.13% of capital this Q3; Toyota hops on Tesla's EV charging standard, leaving Stellantis and VW as holdouts; Elon Musk confirms X is soon launching two new premium tiers Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:44.9

station dot com code tech news here's your daily crunch coming up

0:50.1

Tik-talk partners up with Mickey Mouse but first black founders raised 0. up.

0:53.0

But first, Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to

1:00.5

Crunchbase. That's about 39.7 million dollars out of 29.9 billion dollars.

1:07.0

This number is a massive year over year drop. To many black founders the dip in funding was expected. A lot of the diversity, equity, and inclusion

1:15.0

promises made after 2020 were broken, and conservative activists have started attacking

1:20.7

Grant programs that seek to help marginalized communities.

1:24.5

Black founders have also spoken more and more of simply leaning into their own networks

1:29.3

rather than seeking capital from the old guard players who have become more obvious in not supporting

1:35.1

them. There are more emerging funds and a split in the ecosystem where although numbers are

1:40.2

dismal, there are indeed people passionate about backing diverse talent.

1:45.4

Up next, Toyota and Lexis electric vehicles will adopt Tesla's chargers starting in 2025, Toyota

1:52.2

said this week.

1:53.3

The top automaker by Global Sales Toyota

...

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