Brian Brackeen returns as an advisor to facial recognition startup Kairos following his ouster as CEO

Brian Brackeen, the founder and former CEO of facial recognition startup Kairos, has made his way back to the company following his ouster in 2018. Brackeen is now chairing the company’s scientific advisory board, where he’ll help to address and eliminate issues of racial bias from the technology.

While that’s not the company’s explicit mission — it’s to provide authentication tools to businesses — algorithmic bias has long been a topic the company, especially Brackeen, has addressed.

But what happened in the time leading up to his ouster and the events that followed was quite the whirlwind.

In 2018, Kairos’ board of directors forced Brackeen out of his role as CEO, citing willful misconduct as the cause for his termination. In addition to forcing him out of the company he founded, Kairos sued Brackeen, alleging the misappropriation of corporate funds and misleading shareholders.

At the time, Brackeen referred to the events as “a poorly structured coup,” and denied the allegations. Then, Brackeen countersued Kairos, alleging the company and its CEO Melissa Doval intentionally destroyed his reputation through fraudulent conduct. In 2019, Brackeen and Kairos settled the lawsuits. Brackeen then went on to start Lightship Capital with his wife, Candice Brackeen.

Since returning to Kairos, Brackeen has already directed Kairos to focus on what it’s calling the Bias API. The API is designed to make it easier for companies and firms to detect and address any algorithmic biases, according to Brackeen.

Brackeen is not back on a full-time basis, as he has his hands pretty full with Lightship Capital, but he said he’s generally tasked with steering the ship during quarterly meetings.

As for who’s at the helm, that role falls to Dr. Stephen Moore, who joined Kairos as its chief scientific officer in July 2018 following the company’s acquisition of Emotion Reader.

“He is a brilliant mind, and I’m excited to see a scientist in the CEO role,” Brackeen said. “We will work closely together to bring the bias work to the fore, and to make sure it’s a world-class solution. He is as deeply committed to solving the problem of bias as I am.”

Despite the drama of the past, Brackeen told TechCrunch he still considers Kairos to be his baby. It’s also worth noting that folks like Doval, who was appointed to CEO following Brackeen’s ouster, and Mary Wolff, the former COO who spearheaded the lawsuit, are gone.

“First, I will always feel a responsibility to the team, investors, and fans of Kairos,” Brackeen said as to why he’s returned. “Many of whom I was singularly responsible for. Secondly, as a society, bias can be found in everything from twitter image cropping to air dryers not turning on for black hands. It’s a painful reminder of a society that’s not fair for all. The challenge is that as AI gets to be imbedded in more and more products, we will see bias in all kinds of products. Kairos with its large dataset and years of IP, must be the firm that saves us from that dystopian future. I am uniquely situated to lead that strategy.”

 

Fired GitHub employee reaches ‘amicable resolution’ with company

GitHub has reached an “amicable resolution” with the person the company fired in the aftermath of the attack on the U.S. Capitol in January, the former employee told TechCrunch.

On the day a violent mob of Trump supporters stormed the U.S. Capitol, a worried GitHub employee warned his co-workers in the D.C. area to be safe. After making a comment in Slack saying, “stay safe homies, Nazis are about,” a fellow employee took offense, saying that type of rhetoric wasn’t good for work, the former employee previously told me. Two days later, he was fired, with a human relations representative citing a “pattern of behavior that is not conducive to company policy” as the rationale for his termination, he previously told me.

Later that month, GitHub COO Erica Brescia said the company’s head of HR took full responsibility for what happened and resigned from the company. GitHub did not disclose the name of the person who resigned, but it’s widely known that Carrie Olesen was the chief human resources officer at GitHub. At that time, GitHub said it also “reversed the decision to separate with the employee” and was talking to his representative.

The fired employee, however, did not take his job back.

“We offered the employee his job back immediately after reviewing the investigation findings, and he declined,” a GitHub spokesperson told TechCrunch.

Instead, he told me, “Me and the company reached an amicable resolution. I appreciate that they have denounced white supremacy and the dangers it poses to everybody.”

He did not specify the terms of the resolution, but he previously told me he was seeking damages or some other form of reconciliation.

Below is his full statement, which he requested we publish in full:

Me and the company reached an amicable resolution. I appreciate that they have denounced white supremacy and the dangers it poses to everybody.

We all saw on January 6 that the greatest threat to the USA is not Islam, Black Lives, or defunding police.

White supremacy has us all held hostage using feigned civility, bad-faith arguments/negotiations, and amtssprache*, and it does not stop until we are all dead or subjugated. I am glad that the nazi coup was a failure, and we avoided a successful Reichstag fire. That said, nazis do not give up easily.

Keep your families and communities safe. Connect with your neighbors and local stores. Fascism and nazism succeed when we are divided. They demand that you abandon reason, that you acquiesce to power and hierarchy, and that you shun altruism. Love yourself. Support, join or create local unions. Build community. Don’t entertain nazis.

I appreciate those who have supported me and my family. I wish you safety and wellness.

Black Lives Matter & Black Power ✊

*Amtssprache
https://heartlesshypocrisy.com/what-is-amtssprache/

Enjoyment & learning for these times

Graphic novels:
Maus
Y the Last Man
Pulp
Sweet Tooth

Songs:
“Algorhythm” by Childish Gambino
“Plegaria a un Labrador” by Victor Jara
“Tweakin” by Vince Staples
“Operation: Mindcrime” by Queensrÿche

Shows:
Avatar Last Airbender & Legend of Korra
Attack on Titan
Atlanta
The Wire

Books:
Gang Leader for a Day by Sudhir Venkatesh
People & Permaculture by Looby Macnamara
The Ways of White Folks by Langston Hughes
Post Traumatic Slave Syndrome by Dr. Joy DeGruy

Movies:
Persepolis
Inglorious Basterds
Attack the Block
Shawshank Redemption

Why Terry Crews is launching a social currency

Actor Terry Crews is going in on the blockchain. With the help of social currency startup Roll, Crews is launching his own social currency, $POWER.

But first, let’s break down what that means. Anyone can create a social currency, which hundreds of creators have already done via Roll, to change their relationships with fans and users. Roll enables creators to mint and distribute their own social currency under the ERC20 standard and then determine the ways in which their communities can earn and spend that social currency.

“Anyone, anywhere, anytime can create their own content,” Roll founder and CEO Bradley Miles told TechCrunch. “We refer to this as mass personalization of content. Right now, Roll is experiencing the same thing with money itself. Anyone, anywhere, anytime can create their own money.”

The way I think of it is it’s almost like the process for earning and redeeming credit card points but minus the credit card company and plus the blockchain and creators. I haven’t run this analogy by Miles, but I’m going with it. Just how your credit card provider gives you points for using your card and then you can redeem those points for cash, airline tickets, etc., creators give fans social currency for engaging with their work in a variety of ways. Then, fans can redeem that social currency for more art, content or what have you.

Currently, there are about 300 creators, including Crews, using Roll. Roll, which has $2.7 million in funding from investors like Balaji Srinivasan, Trevor McFederies and others, recently saw its social currency market cap surpass $1 billion. Bradley Miles gifted me .10 $WHALE (worth about $3) so I could get a better understanding of how creators are already using Roll. $WHALE is backed by tangible and rare non-fungible token assets, which means that I can use my $WHALE to buy NFTs. And because Roll enables users to trade their social currency for over 600 other digital assets, that means I could buy the below NFT over on NFT marketplace OpenSea.

Image Credits: Screenshot/OpenSea

However, you’ll see that the Podmork Pix 35 WS cost 28 $WHALE, so I will not be buying this NFT.

In the case of Crews, he envisions folks earning $POWER via blockchain art purchases, NFTs, physical goods and experiences. Initially, Crews is engaging with his $POWER community through Discord. Folks with 50 $POWER, for example, can access a special channel within Discord. To date, Crews had distributed $POWER to about 100 people, he said.

“If I give you $POWER, you own a piece of me,” Crews said. “There’s no other way to put it. And I want to be very careful about who is holding me, no puns intended.”

It’s still early days for $POWER, but Crews says he eventually wants to offer interest-free microloans to artists. The ultimate goal with $POWER is to empower artists.

“That’s our long-term plan,” Crews said. “To become this thing that this community can live and exist in. You could use it anywhere you are — at Target, the grocery store.”

Crews attributes his interest in this space to something that happened to him about four years ago.

While in Milan, Crews said he was trying to buy designer furniture from an artist he respected at Salone del Mobile. He realized he needed extra money to complete the purchase, but didn’t have enough cash in his checking account to cover it. So he got on the phone with American Express, he said, who told him to go to a local bank. American Express, on Crews’ behalf, then tried to explain the situation to the local bank manager so that Crews could get the funds he needed to complete the transaction. Crews said the local bank manager took one look at him and said, “no.”

“And I’m watching all these white men and women pass me in line, and they’re looking at me strangely,” Crews said. “I’d been standing there for 15 minutes and it slowly dawns on me that because I’m Black, I was not going to get my money,” he said. “That was the moment I knew everything had to change for me.”

Crews ended up going to a check-cashing place, in an area where he said his Uber driver refused to go, and got the funds to pay the fees.

“Bringing it up still makes me angry,” he said. “What I love about this new world of finance is that cryptocurrency does not know what race you are, how old you are.”

Through $POWER, Crews hopes to put power back in the hands of artists and creators, Crews explained.

“There’s no gatekeeper to tell us no,” he said.

Crews says he’s also going to start putting out his own content into the $POWER community, where the community will collectively own it together.

“This is bigger than me,” he said. “This is a new future.”

For Miles, he envisions a world in which $POWER is accepted at movie theaters or at Paramount Pictures properties.

“[Social currency] is not to replace the dollar,” Miles said. “It’s to complement [money] and do work that probably the dollar is not suited to do.”

I asked Crews if this means he’s leaving Hollywood and will solely focus on producing his own content for his $POWER community. But Crews said he left Hollywood when he sued William Morris Endeavor in 2017 alleging an executive from the firm groped him. Crews and WME settled the suit in 2018.

“And they were done with me,” he said. “But the deal is, is that I had my power. I still had my talent. William Morris threatened to end everything I’m doing. But everything I’m doing right now, you can’t take. So that’s when I separated from Hollywood. I’ve never felt like a Hollywood person, even to this day. But every artist out there probably feels the same way. They want their power.”

 

Learn how to build a strong board of directors at TC Early Stage this April

Building a strong board for your startup is key. It’s important to have folks on your board who have both the founder’s and the company’s best interests in mind, and are able to help the company navigate the many stages of a startup’s lifecycle.

At TechCrunch’s Early Stage event on April 1 – 2, Generation Investment Management Partner Dave Easton will talk about board composition, what it takes to make a great board and board governance as a startup scales.

At GIM, Easton has invested in startups like Asana, Andela, Gusto, DocuSign, Toast and others. Meanwhile, he serves on the boards of solar company M-KOPA and has previously served on the boards of Jumia Group and Narayana Health up until their respective initial public offerings.

Easton’s workshop is just one part of a two-day event exploring the many aspects of early-stage startups – check out the entire agenda line up here!  Be sure to grab your ticket to TC Early Stage — Operations and Fundraising on April 1-2 and save $100 or more when you get the dual-event ticket for both the April and July events.

A glimpse inside the minds of tech’s DEI leaders

Diversity and inclusion as an idea has been on the agenda of tech companies for years now. But the industry still lacks true inclusion, despite best efforts put forth by heads of diversity, equity and inclusion at these companies.

At TC Sessions: Justice, I spoke with Uber Chief Diversity Officer Bo Young Lee, Netflix VP of Inclusion Strategy for Product Wade Davis and Facebook VP of workplace diversity and inclusion Sandra Altine about the work that still needs to be done, the effects of California’s Proposition 22 and more.


On last summer’s racial justice uprising

Last summer, after the murder of George Floyd and the subsequent collective consciousness around racial injustice in the U.S., many tech companies spoke out about racism and equality. Davis said he was happy to see more people speaking about those issues but also a bit frustrated that “it takes something like that for folks to get truly engaged.”

Davis: And inside of Netflix, one of the things that I was really intentional about is to tell our employees who are not Black, right, to not ask our employees how they feel but for them to be much more introspective of what it felt like for them, right, as a white person, or however they identify for them to do the introspection. Because that’s what it means to be an ally — to not put the labor on the group that that is already feeling the impact and the oppression. And what we found was that many of our employees, for the first time had to wrestle with like, what it means to be white. What it means to be in a situation where you are seeing someone who looks like you take the life of someone who looks like me. So we really tried to switch the actual narrative and the conversation to not add more labor and trauma on our Black employees. (Timestamp: 1:10)

Lee said she was a bit skeptical at the time because we’ve seen this type of response before in light of the violent killings of Black people.

Lee: And then within a few weeks you see that interest and that focus wane once more. So I was skeptical that the enthusiasm would continue and enthusiasm in a way to try to solve all of our racism problems in a short period of time. I was surprised that it did continue. (Timestamp: 3:31)

In her conversations with her counterparts at Uber, Lee said she wanted to make sure that the company didn’t make such a wide commitment that “those commitments became nothing more than virtue signaling at the end of the day.”

Lee: I said to my leadership, if you really want to come out and make some bold statements about being anti-racist, I’m going to create almost a litmus test to make sure that you really understand what that means because I don’t want to go up as a company to say we’re going to be anti-racist and then do nothing about it because that just relives and rehashes the injustices that we’ve seen in the past. (Timestamp: 4:25)

So when Uber’s first post-anti-racism diversity report came out, and it showed Uber’s Black employee base declined, Lee said at the time that was not acceptable.

Lee: I think part of the commitments we made around being really anti-racist is transparency at all costs, even when we know that transparency could potentially make us look, not reflect as positively on us. So the question did go back, as you know, when we were putting together our diversity report is, ‘wow, these numbers are not where we want them to be. None of us are happy about it.’ But in our commitment of being accountable, you know, we want the public to hold us accountable. We want people to hold accountable, we want to be accountable to our workforce, we’re going to be as transparent about why that decline in black employees happened and underrepresented people happened, what the cause was and what we are doing. (Timestamp: 6:11)


On being early in the DEI journey

Netflix, despite having previously reported diversity numbers, only released its first official diversity report this year. That’s partly because the team has only been in place for the last three years, Davis said.

Davis: So we’re still at the awareness building phase, like from a foundational standpoint, and we’re really trying to double down so that folks know why I&D matters. Like, what it actually is, and how it impacts all of us. Because oftentimes, folks think of all of these isms and phobias as something that happens to other people. But if we can really make folks understand that there’s a cost to all these isms, and phobias to all of us individually, interpersonally, culturally, and and institutionally, then it makes it easier down the road when folks start to feel somewhat fatigued, right? Because there is always that fatigue factor. So we’re really trying to get ahead of that. And to have folks to think through like, what is in it for me, and what is in it for my colleagues. (Timestamp: 17:33)

Sharing the DEI load

Too often does the work of DEI fall on just a handful of people. At Netflix, Davis said it’s important that there is a shared load, and that all of its leaders are able to speak to the importance of diversity at the company.

Davis: And I would say our other largest goal is to make sure that all of our leaders can speak to the importance of AI and be more than just a talking point. So how do we build a model that’s a train the trainer model, where each of our leaders has a one to one inclusion coach, which requires them to have monthly sit downs with their inclusion partner, where they go on a real intensive journey, so that they can understand how does their leadership style need to evolve and adapt and expand and flex to meet the needs of a larger set of individuals and not the historical ones who folks have engaged with? And we found that to put our leaders on the spot, so that when someone calls me to give a talk, I can say ‘No, our COO Greg Peters is just as competent and capable to sit on this panel about inclusion as I am.’ And we feel that we’re modeling and signaling to our entire organization that this is not just a nice to have, but it’s part and parcel to your success as an employee, as a leader and to our success as an organization. (Timestamp: 18:26)


On Prop 22’s impact on people of color

Prop 22 went into effect in California earlier this year after a contentious battle where one side, including Uber, Lyft and other tech companies, wanted workers to remain independent contractors and the other side wanted gig workers to be made employees and therefore entitled to more benefits. Prop 22’s passage was a win for Uber and its counterparts, which collectively spent north of $200 million on its campaign efforts.

Some have wondered how Uber can reconcile its commitment to anti-racism given that many gig workers are people of color. Lee, however, pushed back on that characterization:

Lee: I would challenge some of those that believes that Prop 22 actually disproportionately hurts people of color. If you actually look at the way the civil rights organizations that came out in support of Prop 22, the NAACP of Northern California and Hawaii came out in support of Prop 22, most of the Hispanic civil rights organizations as well. (Timestamp: 24:59)

Prop 22, of course, was in response to the passage of AB 5, which set new standards of worker classification that were designed to make it harder for companies to classify workers as independent contractors.

Lee: And you looked at the way those exceptions were being made to AB 5, you saw that the exceptions were disproportionately being made for those IC — you know, independent contractor roles that were predominantly represented by white workers. And they were all getting exceptions from AB 5. And then you look at the roles that were predominantly represented by people of color, especially underrepresented people of color, and those roles were not getting exceptions in AB 5. […] For me, how I define racism isn’t based on intent but it’s based on impact. And when I see that kind of level of disparate, disproportionate impact, that’s when I think about, you know, what is racist or not. So I would challenge this notion that [Prop 22] actually disproportionately hurt people of color, especially given that we had civil rights organizations that said we support Prop 22. So, I don’t think there’s anything that really needs to be reconciled, from my perspective and from the organization’s perspective. (Timestamp: 24:59)

You can read the entire transcript here.


Early Stage is the premier ‘how-to’ event for startup entrepreneurs and investors. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. We’ll cover every aspect of company-building: Fundraising, recruiting, sales, product market fit, PR, marketing and brand building. Each session also has audience participation built-in – there’s ample time included for audience questions and discussion.

The path forward for essential workers

Gig workers and warehouse workers have become essential in a pandemic-ravaged economy. In California, a law went into effect earlier this year that makes gig workers independent contractors. Meanwhile, Amazon warehouse workers in Alabama are actively seeking to form a union to ensure better protections at the workplace.

At TC Sessions: Justice, I spoke with Gig Workers Collective co-founder and organizer Vanessa Bain, The Congress of Essential Workers founder and former Amazon warehouse worker Christian Smalls and National Council for Occupational Safety and Health Co-Executive Director Jessica E. Martinez about what’s next for gig workers and tech’s contractor workforce, and what battles lie ahead for these essential workers.


On the Amazon union drive

Amazon warehouse workers in Bessemer, Alabama are in the midst of a historic union drive. Smalls, who was fired from his job at an Amazon warehouse in Staten Island last year after speaking out about the lack of personal protective equipment, told me he recently spent a few days in Bessemer.

The building opened up when Coronavirus started. When New York City became the epicenter, that’s when Bessemer facility opened up. So the union got a head start on talking to workers. So that’s a gem for anybody or any union that plans on trying to unionize the building — that you have a facility in your community that’s about to open up, when opening, that’s the best time to connect with workers. That’s what happened last year. And as a result, the workers had seen what happened to the workers that were unprotected and they don’t want that. They want better for themselves. And they rightfully desrve that, especially in Alabama. It’s a right to work state, a state with no state minimum, obviously a red state. So I think it’s a lot of intangibles against them. But these workers now see the window of opportunity for change systemically. (Timestamp: 4:40)

Meanwhile, President Biden recently came out in support of the unionizing efforts in Bessemer.

I would hope that he is a man of his word. He’s a pro-union guy. He ran his campaign off of that, saying he’s a union guy and unions need to be strong, and he supports unions all the way. It was powerful to see that the President, the man, the highest plateau in the country, support the union. (Timestamp: 13:11)

[…] But once again, like Vanessa said, I don’t put all my eggs in that basket either. I just want to hold him accountable. Make sure that, you. know, we see this all the way through to the end. Even if Alabama is not successful, if we were to try again, in other locations, other parts of the country, that we have the support of the highest power in the country, that is the most powerful thing that will resonate with workers. So it’s good to see that it’s happening now. (Timestamp: 14:17)


On the effects of Prop 22

Already, Prop 22 has affected industries outside of tech. In December, supermarket chain Albertsons began replacing delivery drivers with contractors and hundreds of employees in California were swapped for DoorDash workers, Bloomberg reported. Meanwhile, tech companies have spoken about implementing Prop 22-like legislation in other parts of the country. Martinez described how some California residents who voted to pass Prop 22 thought they were supporting workers for better access to rights.

And unfortunately, you have workers who have possibly died. We have a California rideshare driver who died from COVID-19 last month. His independent classification means his family will receive no workers’ compensation. That is a huge impact to workers and the reality of how it impacts day to day life for workers and in the midst of a pandemic. So I share that, because Prop 22 sets the tone, again, for what could happen nationally. (Timestamp: 17:00)

Meanwhile, Bain said she sees the passing of Prop 22 as a failure of “our entire structure of economy.”

And we have really allowed tech to run rampant under this pretense that somehow it’s innovative, and especially within the gig economy. I mean, it’s the opposite of innovative, right? Like it’s feudalism on your phone, right? It’s 1-800 dial listserv. So it’s like, they’re not doing anything new that justifies creating an entirely different classification of labor than existed before, which is what Prop 22 did, right? It literally created this category of marketplace contractor that retains neither the protections of an independent contractor nor an employee. And allowing, you know, companies to write their own laws in this way is a systemic failure. (Timestamp: 18:57)


On the PRO Act

There’s legislation in the U.S. Senate right now that aims to make it easier for workers to organize and form unions in the country. The Protecting the Right to Organize Act seeks to change labor laws in favor of giving workers more power.

Bain spoke about the importance of getting the PRO Act across the line in light of the passing of Prop 22 in California.

These things shouldn’t be at the mercy of who happens to be, you know, held to a position. These are things that should be codified and enshrined really in law. And things that should be consistent and stable protections that people can rely on and count on. (Timestamp: 20:22)

Martinez explained how the PRO Act aligns with the work she’s doing at COSH. The organization recently released a national agenda for worker safety and health, along with some recommendations.

We want stronger safety laws, tougher enforcement, including a mandatory emergency standard to prevent the spread of infectious disease. And again, this is federally so if there is an ETS or an emergency [temporary] standard pass, it applies all over and impacts all kinds of workers, stronger protections against retaliation. (Timestamp: 07:53)

Martinez added:

Employers will funnel resources to try to scare tactics to scare workers from organizing, demanding safer workplaces, job security, and so forth. [The agenda] also includes workers are included in all policy decisions. We believe strongly that workers, more than anyone, understand the job, know the solutions and controls to health and safety issues, and also equity and Inclusion to end the misclassification and better protections for temporary gig workers. Paid sick and family leave for workers also worker centered health protocols, including health for high risk workers and getting access to vaccines. And we want to confront the workplace effects of climate change. Finally, also prevent chemical catastrophes and harmful exposure. […] With that said, this is not working in isolation. It works in collaboration with laws, we’re hoping that will pass, such as the PRO Act, allowing workers to gain bargaining power when organizing, essentially giving them the ability to negotiate with the employer get access to benefits again, such as some job security paid sick leave workers comp and so forth. (Timestamp: 8:23)

You can read the entire transcript here.

The explosive (and inclusive) potential of NFTs in the creative world

Digital collectibles are having a very large moment. Just last month, a piece of digital art by Beeple sold for $6.6 million on online art marketplace Nifty Gateway. Meanwhile, Linkin Park’s Mike Shinoda recently sold clips of a song via online marketplace Zora. Over on Dapper Labs’ NBA Top Shot, more than 200,000 people recently waited hours for the chance to buy one of just 10,631 packs of digital NBA moments.

Those marketplaces, along with others, are where people go to buy digital assets, or, non-fungible tokens (NFTs) that live on the blockchain. This whole world of NFTs is super new to me (I’ve only been using Top Shot for a couple of weeks now) so I caught up with a couple of NFT creators to break it down for me, as well as share some insights on where they think the space is going, and it’s overall potential.

“The way I like to explain NFTs, they are digital assets with true ownership and provenance,” Ronin the Collector told TechCrunch. “You can track their origin and they can only be owned by one person.”

Many people, myself included, at some point wonder why someone would pay for a short video clip of, for example, Stephen Curry making a three-pointer when you download it to your computer for free.

“Humans inherently, whether we will like to admit it or not, want to own things,” Ronin said. “And I think that that’s part of the human experience is owning things. When you own things, it’s a connection, and it’s like you have reason for being and there’s something unique about ownership. And I think that at the end of the day, yeah, you can you can watch it all you want. But can you sell it?”

With that clip as an NFT, you can. As an example, one user bought a LeBron James dunk for $208,000 a couple of weeks ago, according to CryptoSlam. Last month, Top Shot reached nearly $50 million in marketplace transactions. Then, over a 24-hour period last week, Top Shot saw more than $37 million in sales, according to Cryptoslam.

As to why they’re blowing up right now, Ronin attributes it to a couple of things: the pandemic that’s forced everyone behind a computer screen and an easy entry point. Top Shot, for example, makes it super easy for plebeians like me to sign up and you don’t need to have a crypto wallet. You can just use your credit card. The same goes for Nifty Gateway.

But Top Shot and Nifty are outliers, Ronin said. For the majority of NFT platforms, you need to have an Ethereum wallet. As Cooper Turley, crypto strategy lead at Audius, wrote on TC, “this means collectors need to purchase ETH from an exchange like Coinbase and send it to a non-custodial address that consists of a long string of numbers and letters to get started.”

That sounds like a whole thing that I, for one, am not ready to dive into. In general, barriers to access continue to be a problem in the NFTs space, Ronin said.

“Projects are just now starting to pay attention to the user experience,” he said. “And just barely in time. One of the best rooms I’ve been on Clubhouse was one that talked about how basically, with the whole world watching, how do we not mess this up. So I think when you have a product like Top Shot, which is easy to get into, easy to sign up for, and easy to purchase. You have to use a credit card, you don’t need crypto and throw in the mix that everyone’s online and then Beeple sells $3 million worth of digital art, and all of a sudden, people want to pay attention. So I think that was the catalyst.”


But an even more expansive and interesting arena for NFTs than Top Shot is the world of NFT art. Ameer Carter, an artist that is also known as Sirsu, got into NFTs last summer thanks to a friend, he told TechCrunch. Pretty much immediately, he said, he realized the transformative nature of the technology.

“We literally have creative immortality,” he told me he realized at the time.

But the art world has historically been inhospitable to Black folks and people of color, and especially in the world of NFTs, Carter said. The traditional art scene, Carter said, is elitist. And while Carter himself is a classically trained artist, he hasn’t been able to make his way into the traditional art world, he said.

“And it’s not because of lack of trying,” he said.

Carter said he’s had a number of conversations with art curators who all love his work, but they’ve told him it’s not “something that they could build a whole curriculum around and intellectualize,” he said. What NFTs do is enable artists like Carter to create and share their art in a way that hadn’t previously been afforded to them.

“And this is a much more open and accessible platform, and environment for them to do so,” Carter said. “And so my goal is to help really give them that type of visibility and empower them to be creatives. My mission is to remove the starving artists stigma. I don’t believe that creativity is cheap. I believe that it is rich. And it enriches and it gives us the reasons why we live in the first place.”

However, Carter said he’s begun to notice white folks taking credit for things Black artists have already done.

“There’s this push and pull between folks who are really about the provenance of the blockchain versus folks who are wanting to predispose themselves as first because they have more visibility,” Carter said.

He pointed to Black artists like Connie Digital, Harrison First and others who were some of the first people to institute social tokens for their fans on the blockchain.

“They were some of the first to deploy and sell albums as NFTs, EPs as NFTs, singular songs,” Carter said. “And now we have Blau that came out and people were saying he’s the first to sell an album. And it’s like, well, that’s not true, technically. But what works and has continued to work is because there’s a lot of hoopla and a lot of money around that sale, that becomes the formative thing as being first because it’s the one that’s made the most noise. And I find it interesting because of the fact that we can literally go back tangibly, and there’s verifiable hash proof that it wasn’t the case.”

These are the types of phenomena pushing Carter to become an NFT archivist of sorts, he said.

“I’m not necessarily a historian, but I think the more and more I get involved in this space, the more and more I feel that pressing role of being an archivist,” he said. “So that culturally, we aren’t erased, even in a space that’s supposed to be decentralized and supposed to be something that works for everyone.”

That’s partly why Carter is building The Well to archive the work of Black artists, like Blacksneakers, for example. The Well will also be a platform for Black artists to mint their NFTs in a place that feels safe, supportive and not exploitative, he said.

On current platforms, Carter said it feels like white artists generally get more promotions on the site, as well as on social media, than Black artists.

“They deserve to have that kind of artists’ growth and development,” Carter said. “Yet it is afforded to a lot of other artists that don’t look like them.”

Carter said he recognizes it’s not the responsibility of platforms like Nifty Gateway, SuperRare and others to provide opportunities to Black artists, but that they do have the ability to put Black artists in a better position to receive opportunities.

That’s partly what Carter hopes to achieve with The Well Protocol. The Well, which Carter plans to launch on Juneteenth, aims to create an inclusive platform and ecosystem for NFT artists, collectors and curators. Carter said he wants artists to not have to feel like they have to constantly leverage Twitter to showcase their work. Instead, they’ll have the full backing of an ecosystem pumping up their work.

“Everywhere else, you look at other artists and they have write-ups, and they have news coverage and things of that nature,” Carter said. “And [Black artists] don’t have a lot of those avenues to compete. You know, I’m in the business of building true equity for us, so part and parcel to that is developing the tools and the ecosystem for us to thrive.”

No longer should art just be for the rich, Carter said.

“We have the ability to completely dismantle that,” he said. “So we have to be very, very, very careful about that and make a concerted effort to make that thing work, but we can’t do it when we have folks entering the space with money erasing folks who were already here. We can’t have that where platforms are not allowing the positioning of artists to grow. You know, we can’t have that when we have folks by and large, fear mongering and trying to get other artists to not be a part of this system.”

It’s also important, he said, for NFTs to not solely be seen as collectible, investable objects.

“Everyone’s getting into the game like it’s a money grab,” he said. “It’s not. It’s playing with artists lives and careers here.”


For those who aren’t yet in on NFTs, there’s still time, Ronin said. Even with the increased attention on NFTs, Ronin says it’s still early days.

“Honestly, I don’t even think we’ve got a full foot into early adoption yet,” he said. “I don’t think you come out of early adoption until we’ve got a solid experience across the board. I think we’re still in alpha.”

That’s partly because Ronin believes the things people will be able to do in five or ten years with this technology will pale in comparison to what’s happening today. For example, Ronin said he spoke with an artist who is experimenting with an NFT experience that will transcend VR, AR and XR.

“And I’m so excited that she chose to work with me and bring me in on this, and use me as kind of an advisor,” he said. “And she can change the world with this technology.”

That’s really what’s so exciting about NFTs for Ronin — the notion that the technology can change your life, and the world, he said.

“And it is a space in which you should feel free to come into and dream big and then figure out how to make those dreams happen,” he said. “You can use AR, VR, mobile, you know, the internet — you can use all these aspects and create an NFT experience that transcends space, transcends time, transcends our life. So it’s a super powerful technology. And I think that people should really pay attention.”

Down the road, Ronin also envisions having connected blockchains “where you can take an NFT from, you know, Bitcoin to Ethereum to WAX to Flow,” he said. “I really think that it’s why this this is that important.”

For Carter, he hopes his work at The Well will help to set a precedent for inclusivity and access in the NFT space. It’s worth mentioning that Carter is also working on the Mint Fund to help minimize the barriers to entry for artists looking to mint their first NFTs. Minting an NFT can be expensive to the tune of $50-$250 depending on how busy the Ethereum network is, and Mint Fund will pay those fees for new artists, making the on-ramp into the world smoother.

“If we don’t do this the right way with the right type of community-driven thinking, then we will lose,” he said. “And it’s not going to look good, it’s going to be ugly. And it’s going to again perpetuate the rich getting richer and the poor getting poorer…We have to find the best ways to redistribute wealth at any given point in time within this economy, within this system. If we do not know how to do that, we are fucked. At least in my opinion.”

There are also conversations in the space around the ecological impact of minting NFTs, which requires a good amount of energy to do. Carter described the existence of two camps: the camp arguing minting NFTs are very ecologically damaging and the ones saying it’s not the fault of minters and you can’t blame them “for minting on a system that is already going to process these transactions, whether they mint or not.”

For Carter, he thinks the first camp could be right, but says there’s just a lot of yelling at this point.

“I think that collectively, us as minters should not feel so fucked up that we can’t do anything anymore,” he said.

Carter also pointed to the energy required to print and ship a bunch of his work.

“To sell one piece of art that I’ve minted versus the energy expenditure and the emissions it takes for me to sell, let’s say 1,000 prints at $20,” he said. “To now shop those to 1,000 different places and for those things to then be transported to 1,000 different homes. Like, maybe they’re comparable, maybe they’re not. I’m not too interested in doing the math at this point.”

Ultimately, Carter thinks there needs to be better access to renewable energy sources and more innovative hardware in the space.

“And the production of creating that innovative hardware also has to be coming from renewable energy sources, like the entire framework should be working to be carbon negative,” he said. “As carbon neutral to carbon negative as possible. And not just the minting side but the mining side. And, you know, the manufacturing side. It’s a cyclical issue.”

Hear from Uber, Facebook and Netflix about diversity, equity and inclusion tomorrow at TC Sessions: Justice

Tech companies are no stranger to controversy and workplace issues. Over the years, it’s become clear that no company is immune from diversity issues. But it’s the job of those in the diversity, equity and inclusion departments to create and foster environments that are welcoming to all.

Last year, in the wake of the police killings of George Floyd, Breonna Taylor and others, many companies spoke out in support of Black lives and the Black Lives Matter movement. At TechCrunch Sessions: Justice, we’ll examine what some companies said at the time and how those statements align with where they are today.

We’ll also dive in to the myth of the pipeline problem, as well as the idea of imposter syndrome and how companies can help to shift the onus from the person experiencing feelings of doubt to the systems and cultures that perpetuate biases, sexism and racism. We’ll also, of course, talk about each company’s DEI efforts over the years, where progress has been made and where there’s still room for improvement.

To have this conversation, we’ve called on three DEI leaders from Uber, Facebook and Netflix to share their experiences, struggles and wins leading the charge for genuine inclusivity in tech.

Here’s a bit about the three of them:

Bo Young Lee, Uber Chief Diversity Officer

Image Credits: Photo by Kimberly White/Getty Images for TechCrunch / Getty Images

Lee became Uber’s first-ever chief diversity officer in early 2018. Lee joined about one year after former U.S. Attorney General Eric Holder and his law firm recommended Uber have a chief diversity officer. Holder and his firm were tapped in the aftermath of former Uber engineer Susan Fowler’s allegations of sexual harassment at the company.

At TC Sessions: Justice, I’ll chat with Lee about where Uber is today, as well as how it is doing in its mission to double Black representation in leadership by 2025.

Sandra Altine, VP of Workforce Diversity and Inclusion 

(Photo courtesy of Facebook)

Altine joined Facebook last April after previously serving as the managing director of global diversity and inclusion for investor service Moody’s.

Last year, Facebook committed to having 50% of its workforce be members of underrepresented groups, which includes BIPOC, women, disabled people and veterans. Over the next five years, Facebook also said it’s committed to increasing its Black employee base by 30%; currently 3.8% of its U.S.-based employees are Black.

Wade Davis, VP of Inclusion Strategy for Product

Photo courtesy of Netflix

Davis, who joined Netflix in this role in September 2019, works directly with product leaders at the company to implement inclusive policies and practices into the workplaces. He also works alongside other VPs at Netflix to improve upon diversity and inclusion within the workforce. Prior to joining Netflix, Davis consulted for Google, P&G and others.

Netflix released its first-ever diversity report just this year. Netflix had previously disclosed its data but had yet to make a full report out of it. Netflix did not lay out any concrete goals, but said it’s generally wanting to increase representation by hiring more inclusively and building out its recruiting networks.

Be sure to snag your tickets to TC Sessions: Justice here for just $5 here.

Kapor Capital is raising a $125 million fund

Kapor Capital, the venture firm focused on funding social impact ventures and founders of color, is raising a $125 million fund, called Fund III, a source familiar with the situation told TechCrunch.

What’s notable about this fund is that it will be the first time Kapor Capital is accepting outside money from investors for a fund. Historically, the capital have come directly from Kapor Capital founders Mitch Kapor and Freada Kapor Klein.

The fund will be led by Kapor Capital partners Brian Dixon and Ulili Onovakpuri. The two will function as co-managing partners.

Onovakpuri was promoted from principal to partner back in 2018. At the time, she told me was interested in technology that makes access to healthcare more accessible, either through reimbursements to low-income people or through subsidized payments. On the people operations side, Onovakpuri said she was looking at investing in startups that help create inclusive cultures.

“What we have found is that more needs to be done in order to keep [people from diverse backgrounds] in and happy, so that’s what I’ve invested in,” Onovakpuri said.

Her first couple of investments were in mSurvey mSurvey, which started as a text message platform to identify disparities in the world, and tEQuitable, which aims to help companies be more inclusive.

Her co-manager, Dixon, became one of the first Black investors to be promoted to partner at a venture capital in 2015. At the time, Dixon told me he was focused on increasing the number of founders who identify as women and/or an underrepresented person of color in Kapor Capital’s portfolio to above 50%.

“As partner, that’s what I’m trying to continue to do,” Dixon said at the time. “We’re still looking for the best companies. We’re still looking for companies that are going to be impact companies, but also have VC-like returns, so I think that’s what unique about Kapor Capital, is that not many early-stage firms have that focus, and we think we do it pretty well.”

Today, 59% of the companies in Kapor Capital’s portfolio have a founder who identifies as a woman and/or an underrepresented person of color. Kapor Capital has been instrumental in advancing diversity and inclusion in the tech industry. Back in 2016, for example, Kapor Capital began requiring new portfolio companies to invest in diversity and inclusion as part of a Founders’ Commitment.

Kapor Capital has invested in companies like AngelList, Pigeonly, Bitwise Industries, Blavity, Bloc Power, Hustle and others.

Kapor Capital declined to comment for this story.

Announcing the complete agenda for TC Sessions: Justice

TC Sessions: Justice, our second-ever dedicated event to diversity, equity, inclusion and labor in tech, is coming up on March 3, 2021. This is a virtual one-day conference featuring the brightest innovators, leaders and worker-activists in the industry.

We’re pumped to be able to host Congresswoman Barbara Lee, Backstage Capital founder and Managing Partner Arlan Hamilton, Gig Workers Collective’s Vanessa Bain, Alphabet Workers Union Executive Chair Parul Koul, Color of Change President Rashad Robinson, Anti-Defamation League CEO Jonathan Greenblatt and others.

In addition to the firesides and panel discussions of the virtual stage, the event will also include networking, startup presentations and the chance to connect with attendees from around the world.

Below, you’ll find the official agenda for TC Sessions: Justice. If you want to be a part of this event, you can grab a ticket here for just $5.

If you’re interested in a sponsored speaking opportunity to join the stage with these fantastic speakers, contact us here to speak with someone from our sales team!

AGENDA

Wednesday, March 3

State of the Union with Parul Koul (Google), Grace Reckers (Office and Professional Employees International Union) and Clarissa Redwine (NYU)

Labor unions have been fairly uncommon in tech. That’s finally starting to change in recent years, as workers have pushed to organize at some the industry’s biggest companies, from Alphabet to Kickstarter. Parul Koul (Google), Grace Reckers (Office and Professional Employees International Union) and Clarissa Redwine (NYU) will join us to discuss the growing movement.

Finding the Next Unicorn with Arlan Hamilton (Backstage Capital)

Arlan Hamilton, the founder and managing partner of Backstage Capital, has raised more than $12 million to back 150 companies led by underrepresented founders. In this session, Hamilton will discuss how she vets the biggest opportunities in investment, and how to disrupt in a positive way.

The Path Forward for Essential Tech Workers with Vanessa Bain (Gig Workers Collective), Jessica E. Martinez (National Council for Occupational Safety and Health) and Christian Smalls (The Congress of Essential Workers)

Gig workers and warehouse workers have become essential in a pandemic-ravaged economy. In California, a law went into effect earlier this year that makes gig workers independent contractors. Meanwhile, Amazon warehouse workers in Alabama are actively seeking to form a union to ensure better protections at the workplace. You’ll hear from workers and organizers about what’s next for gig workers and tech’s contractor workforce, and what battles lie ahead for these essential workers.

Creating Equity in Tech with Congresswoman Barbara Lee (D-CA)

The ‘pipeline problem’ is often cited as the reason for a lack of diversity in the tech industry. But it’s a myth. Congresswoman Barbara Lee, having represented the East Bay of California for almost a decade, knows all too well about the rise of tech in the Bay Area. We’ll talk with Congresswoman Lee about the opportunities before us to create an equal playing field in tech so that underrepresented investors, founders, designers, coders and the like can reap the benefits.

Identifying and Dismantling Tech’s Deep Systems of Bias with Haben Girma (Disability Justice Lawyer), Mutale Nkonde (AI for the People) and Safiya Umoja Noble (UCLA)

Nearly every popular technology or service has within it systems of bias or exclusion, ignored by the privileged but obvious to the groups affected. How should these systems be exposed and documented, and how can we set about eliminating them and preventing more from appearing in the future? AI for the People’s Mutale Nkonde, disability rights lawyer Haben Girma and author of “Algorithms of Oppression” Safiya Umoja Noble discuss a more inclusive future.

Sponsored by Latinx Startup Alliance: Latinx Founders Leading with Inclusion 

Latinx Founders who are leading with inclusion through diverse teams and/or supporting a diverse mission, inclusion is a part of their DNA.

Founders in Focus with Tracy Chou (Block Party)

We sit down with the founders poised to be the next big disruptors in this industry. Here we chat with Tracy Chou of Block Party, which works to protect people from abuse and harassment online.

The Role of Online Hate and Where Social Media Goes from Here with Naj Austin (Somewhere Good and Ethel’s Club), Jesse Lehrich (Accountable Tech) and Rashad Robinson (Color of Change)

Toxic culture, deadly conspiracies and organized hate have exploded online in recent years. We’ll discuss how much responsibility social networks have in the rise of these phenomena and how to build healthy online communities that make society better, not worse.

Sponsored by StartOut: The Impact of Out LGBTQ+ Entrepreneurs

StartOut and Socos Lab are excited to speak at TechCrunch Justice, and cover the Inclusion Impact Indexes. Its first iteration; the StartOut Pride Economic Impact Index quantifies the economic value of under-utilized LGBTQ+ entrepreneurs. The project looks at entrepreneurs’ economic impact in terms of job creation, patents, financings, and exits in the U.S. Our agenda will be a brief introduction, a demo of the index and its current findings, and a Q&A discussion with the publishers of the index.

Sponsored by Onshape: Fireside Chat – Diversity Is More Than Hiring People of Color

It may appear that the country is accepting change – from racial diversity to equality in the workplace. However, we still have ways to go. For example, organizational diversity is still about hiring from diverse talent pools. In reality, to activate the full potential of diversity, equity, and inclusion (DEI) requires more than a “people strategy.” Robust and sustainable work in this area requires embedding DEI principles, policies, systems, and practices into all parts of the business, including the employee and customer experience, brand culture, and overall industry/corporate citizenship.

Networking Break

With our virtual platform, attendees can network via video chat, giving folks the chance to make meaningful connections. CrunchMatch, our algorithmic matching product, will be available to ensure you’re meeting the right people at the show, as well as random matching for attendees who are feeling more adventurous.

Demystifying First-Check Fundraising with First-Check Investors with Brian Brackeen (Lightship Capital), Astrid Scholz (Zebras Unite) and Sydney Thomas (Precursor Ventures) 

There are so many ways to finance your startup that don’t include Y combinator or a traditional fund. In this stacked panel, founders will hear from a trio of decision-makers about how to leverage unconventional communities and resources to get the first dollars they need to execute.

Tech in the Era of Accountability with Jonathan Greenblatt (Anti-Defamation League

A hands-off approach to moderating online platforms invited hate to flourish in plain sight over the last four years. We’ll speak with Anti-Defamation League CEO Jonathan Greenblatt on proposed policy solutions, if tech is on the cusp of a real era of accountability and what the organization’s mission looks like in 2021 and beyond.
Meeting of the Minds with Sandra Altine (Facebook),  Wade Davis (Netflix) and Bo Young Lee (Uber)

Diversity and inclusion as an idea has been on the agenda of tech companies for years now. But the industry still lacks true inclusion, despite best efforts put forth by heads of diversity, equity and inclusion at these companies. We’ll seek to better understand what’s standing in the way of progress and what it’s going to take to achieve real change.

Access All Areas: Designing Accessibility from Day One with Cynthia Bennett (Carnegie Mellon University), Srin Madipalli (formerly of Accomable and Airbnb) and Mara Mills (NYU)

The session will examine the importance of ensuring accessible product design from the beginning. We’ll ask how the social and medical models of disability influence technological evolution. Integrating the expertise of disabled technologists, makers, investors, scientists, software engineers into the DNA of your company from the very beginning is vital to the pursuit of a functioning and equitable society. And could mean you don’t leave money on the table.

Reimagining Pathways for Returned Citizens with Jason Jones (The Last Mile), Deepti Rohatgi (Slack) and Aly Tamboura (Chan Zuckerberg Initiative)

Reentering society after having been incarcerated presents challenges few of us can understand. In this panel, we will examine the role tech can play in ensuring pathways to employment for returned citizens.