From Dream Viewer App to Africa’s Financial Terminal, This Serial Entrepreneur Gives Tech Startups New Life

Jon Gosier Third Cohort Capital

After years of launching and growing his own businesses, serial entrepreneur Jon Gosier is giving new life to innovative tech startups.

Gosier has successfully launched and scaled an abundance of businesses and now he’s ready to lend innovative tech startups his expert advice and some substantial financial backing.

The long-time investor and philanthropist is one of eight partners behind the Third Cohort Capital, a seed-stage investment group that focuses on “high-potential technology companies,” according to the company’s official website.

While the entire team is comprised of successful business-minded individuals, Gosier explained that his experience as a serial entrepreneur makes him incredibly valuable to both his clients and partners.

“I’ve started companies and scaled them several times,” he told AtlantaBlackStar. “Having experience as an entrepreneur is invaluable when it comes to investing. It makes me more valuable to my partners who mostly haven’t been entrepreneurs and it makes me more valuable as a mentor and advisor to the companies we invest in.”

Third Cohort Capital offers two financing vehicles to its clients with one option specifically for other fellow Goldman Sachs 10,000 Small Businesses program alumni, graduates and participants.

While all clients are eligible for equity investments for any amount up to $25,000, only those who have graduated from or are currently working with the Goldman Sachs program are eligible to receive low-interest loans for up to $10,000.

While the company is still relatively new, it already boasts two successful clients who have created innovative mobile apps that are taking tech markets by storm.

Shadow, a mobile application based in San Francisco and Berlin, helps users remember and record their dreams.

By incorporating a social media aspect, the app’s users are also allowed to view the dreams of others around the globe who have decided to share their dreams.

In a more revolutionary aspect, experts believe the dream-viewing app could help make major scientific advancements in the psychology and other health-related fields.

Gosier has also helped to launch Market Atlas, which is described on the company’s website as a “modern financial terminal that uses real-time information and graph search to improve emerging market investment decisions.”

The internationally recognized data scientist serves as the chief technology officer of the self-proclaimed “Bloomberg for Frontier Markets,” which has the ability to help hedge funds, private equity firms and impact investors in Africa make informed business decisions.

These types of revolutionary ideas have led to publications recognizing Gosier as one of the “20 Angel Investors Worth Knowing” and “Innovators of the Year 2013” by Black Enterprise Magazine.

 

14 Young Entrepreneurs Using Technology to Change the Continent of Africa

lORNA_rUTOLorna Rutto, Kenyan, 28 years old

Green tech entrepreneur, founder of EcoPost

EcoPost is a company that produces environmentally friendly fencing posts. The company collects plastic waste to create the fencing posts.

Patrick-Ngowi

Patrick Ngowi, Tanzanian, 28 years old

Ngowi set up Helvetic Solar Contractors Limited, a company that installs and maintains solar power systems throughout the northern circuit of Tanzania.

evans-wadongoEvans Wadongo, Kenyan, 26 years old

Chairman, Sustainable Development for All Kenya

Wadongo, an engineer, designed a solar-powered LED lantern called MwangaBora (Swahili for “Good Light”). It replaces dangerous kerosene lamps and firelight in rural Kenya. His company also helps people sell the lamps.

This Is a Really Scary Look into the Future of What Police Tracking Could Become if Nothing Is Done to Stop It

Source: ACLU Videos – “Law enforcement is taking advantage of outdated privacy laws to track Americans like never before. New technologies can record your every movement, revealing detailed information about how you choose to live your life. Without the right protections in place, the government can gain access to this information — and to your private life — with disturbing ease.”

The Way These African Women Are Able To Produce Sustainable Energy Is Ingenious And Spectacular

Source: Worldbank.org – “For Judith in Tanzania, a load of manure is a wonderful thing. She got a loan to buy a couple of cows so she could create homemade biogas fuel to save money on expensive and polluting cooking fuels. Watch how her life has been transformed — and learn why a program that encourages women to invest in sustainable energy is benefiting entire communities.”

Revolutionary App Helps Educators Close Achievement Gap for Students At Under Privileged Schools

New app revolutionizes the classroom

A former teacher turned tech entreprenuer has found a way to help close the achievement gap for students of severely under-resourced schools by giving educators the power to track their students’ progress with nothing more than a smart phone.

In an interview with Blerds, former teacher and Quick Key creator Walter Duncan said that closing the achievement gap is his passion and this new app has certainly allowed him to do just that.

He explained that schools with more sufficient funding can incorporate technology in the curriculum and grading process in a way that under resourced schools can’t.

This, in turn, widens the achievement gap between well-funded and low-funded schools.

Quick Key is working to significantly reduce that gap.

“Quick Key turns a mobile device into a scanner that allows teachers to grade assessments in paper based classrooms with or without an Internet connection,” the self-proclaimed “teacherpreneuer” told Atlanta BlackStar. “It then gives teachers the student performance data right away. This tool allows a dedicated teacher to improve student performance, irrespective of their schools infrastructure and budget.”

After spending 15 years in the classroom, Duncan realized there was a serious need for teachers to have a tool like this in their hands.

Tracking students’ daily progress and understanding of intense lesson plans is a task that would be nearly impossible to do by hand.

On average, teachers already spend more than 10 hours every week grading papers and assignments, according to estimates.

Ducan’s revolutionary app, Quick Key, will give teachers back those precious hours and allow them to focus on “developing and executing creative and engaging lessons.”

The impact of such an app is even greater than just saving time.

In the long run, allowing teachers to track student progress, have more time to develop lesson plans and prevent any one student from falling too far behind has the potential to boost graduation rates on a global scale and save the futures of students who potentially could have slipped through the educational system’s cracks.

More traditional means of tracking student progress often allows many students to fly under the radar, which means it could be too late by the time their parents or teachers notice they have fallen behind.

The technology behind Quick Key also has the ability to revolutionize the way people track progress even outside the classroom.

“In terms of companies, I would say AT&T, Coca-Cola, Target, Best Buy and Starbucks could benefit from using Quick Key for customer feedback and corporate training feedback,” Duncan said.

The same way the app would help teachers identify areas where students are struggling, the app could allow higher ups at any given company to identify areas where their corporate training programs could use improvements.

“Corporate training is critical to successful companies,” Duncan said. “But tracking participant mastery of concepts can be time consumer and challenging. Quick Key allows companies to track mastery of corporate training in real time.”

Duncan also explained that the app is a tool that should be used to help improve relationships between teachers and students.

In fact, it was his own positive relationship with a former student from Los Angeles that helped bring Quick Key to the market.

“Over the course of my career, I built many healthy relationships with students,” Duncan explained. “These relationships persisted during the time after I had been their teacher. One such student, from Los Angeles, helped to change my life.”

Duncan explained that he had just created a “grainy” video with his iPhone that revealed the app’s prototype and overall vision for the app.

“I asked Jacob, my former student, to help me improve the video, and he agreed,” Duncan said. “I gave him my YouTube password (reluctantly) and went to bed.”

The next morning he “woke up to a different world than the one [he] went to bed in.”

Jacob had posted the video to Reddit along with a heart-warming message.

“The best teacher I ever had created this cool new app, let’s show him we appreciate his hard work,” Jacob wrote.

It wasn’t long before the video went viral and garnered the media attention of major outlets including Techcrunch.

So many teachers started signing up for the app that the servers crashed.

Today, more than 400,000 assessments in more than 40 different countries have been graded using the Quick Key mobile app.

The app is free to download from iTunes and truly harnesses the power to level the playing field for students at under-resourced schools.

13 Blacks Influencing Technology In a Major Way Today

As the number of Black people working in technology increases, we continue to see more rise to the upper echelons of the tech world. Here is a list of 13 Blacks influencing technology today, according to Business Insider.

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Condoleezza Rice, Board of Directors, Dropbox

Earlier this month, online storage startup Dropbox added Condoleezza Rice to its board of directors.

As the former secretary of state and an adviser to the National Security Agency, having someone like Rice as a liaison to Washington, D.C., could be very helpful to Dropbox.

At the same time, though, her history as an official in the Bush Administration is stirring up controversy. Protests on social media say she is a controversial figure after revelations of widespread wiretapping on US citizens during her time in office, as reported by BBC News.

Dropbox has raised over $1 billion to date and employs 698 people.

formspring-ceo-addresses-suicides-business-model-and-tumblrs-failed-clone

Ade Olonoh, CEO, Formspring

Ade Olonoh is the co-founder and CEO of Formspring, a social network that helped people find out more about each other.

Prior to founding Formspring, Olonoh founded online form building Formstack. Formspring has taken $14.3 million in funding and has about 12 employees. In 2013, Spring.me acquired Formspring’s assets and rebranded it.

Gilbert-Sheldon

Sheldon Gilbert, Founder and CEO, Proclivity

Sheldon Gilbert is the founder and chief executive of Proclivity Media, a company that specializes in digital advertising technologies.

Founded six years ago, Proclivity uses a retailer’s e-commerce data to best predict and match companies with ad placements that will bring in the most sales.

Proclivity has raised $8.82 million in funding and has eight employees.

Black Twitter Does it Again: The Online Push For Black Emojis Has Been Answered

The virtual collection of Emoji icons on mobile devices might receive a revolutionary update that will finally include ethnically diverse characters.

For at least a year now, Black Twitter has had an interesting question for the creators of the emoji icons: Where are the Black people?

The variety of faces used to express certain emotions and depict common items has long excluded Black characters.

An Asian man, an Indian man and even gay couples fill the emoji repertoire on Apple and Android devices, but if Black users ever wanted a face that looked a little more like themselves they were out of luck.

That’s finally about to change… possibly.

The Unicode Consortium recently announced a possible method for creating a wider range of skin colors for users to have access to.

The proposal is still being reviewed but Unicode Consortium president and co-founder Mark Davis said the odds are looking good that Black emoji icons are on the way.

“It isn’t completely set in stone; we are still collecting feedback on the proposal,” Davis said in an email to the Washington Post. “But I think it is very likely.”

The draft of the proposal said that the company understands that users want to see human diversity reflected in the technology they use and Unicode Consortium is ready to provide them with that.

“People all over the world want to have emoji that reflect more human diversity, especially for skin tone,” the draft said.

The update will do more than just add one Black emoji; it will allow users to take any existing emoji and select the skin tone they would prefer to use.

These skin tone swatches would range from a pale, creamy color to a darker brown/Black option.

Black emojis

The skin tone options would be effective for single faces as well as group emoji icons like couples.

The skin tone options would not, however, allow users to change only one person’s skin color in group emoji icons.

The announcement of the possible update comes after Twitter and other social media platforms served as a catalyst for users to voice their complaints.

Timelines across the country were filled with users pushing for Black emoji.

Some users voiced their concerns by joking about the absence of a Black emoji.

“They have Drake from Degrassi on here but no Black people,” one user tweeted along with the wheelchair emoji.

The tweet was a reference to the handicapped character Drake played in the popular teen series.

Others didn’t feel like the lack of diversity in emoji icons was a laughing matter.

“So there’s a gay couple emoji’s but not black person emoji,” another user tweeted. “Just gonna point that out.”

“I just know this IOS 8 update was gonna come with Black emojis,” another user tweeted. “Y’all can keep this.”

Even pop star Miley Cyrus and actor Tahj Mowry joined the call for more emoji diversity.

“It makes me mad that there are no black emojis…” Mowry tweeted back in March.

Cyrus asked her followers to retweet her message if they agreed with the movement to add a Black emoji icon.

The tweet quickly gained more than 6,000 retweets and 2,200 favorites.

If the plans are approved, the ethnically diverse icons could make their way to mobile devices by mid-2015.

 

Africa’s Age of Innovation Could Make Continent a Major Economic Power by 2063

Over the past few days, tech experts and global authorities have urged African countries to embrace innovation and technology in order to transform the entire continent into a global, economic powerhouse.

Thanks to a new wave of tech startups and government investments into these new businesses, experts believe Africa could be on the verge of an age of great innovation.

Companies like M-Pesa, the Kenya-based mobile-phone payment system, have already managed to boost economies in countries all across the continent.

According to Leadership.ng, M-Pesa has already “decreased informal savings in the country by 15 percent, increased the frequency of transfers and remittances by 35 percent, and increased usage of banking services by 58 percent beyond the levels of 2006.”

M-Pesa has since expanded beyond the boundaries of Kenya and into countries like Tanzania and South Africa.

Experts say this is just the start of what can be a magnificent burst of growth for many African countries.

The next step is for the continent to continue investing in people-driven technologies and continue discussing how to properly harness the vast knowledge and impressive skill set that many African entrepreneurs possess.

“Investment in skills, technology, knowledge and innovation will ensure democratic and responsive governance that can deliver effective public services and facilitate universal access to basic services, such as food and nutrition, water and sanitation, shelter, health and education,” said African Union Chairperson Nkosazana Dlamini Zuma at the closing of the ninth annual African Economic Conference (AEC).

The conference lasted for three days and brought business leaders, academics and economists from all over the globe together in order to discuss how to launch Africa into the global power it has the potential to be.

Experts at the conference hope to focus on boosting youth employment and furthering the adaption of new technologies across the continent.

Steve Kayizzi-Mugerwa, acting chief economist and vice president of African Development Bank, said now is the time for Africa’s brightest innovators to “stop being lazy” when it comes to innovation.

“We need to stop being lazy analysts and take our challenges for ourselves; stop wasting resources and implement our own ideas,” he said at the conference. “Africa must first understand where we are, what brought us here and then try to understand what to do differently to bring different results.”

Ban Ki-moon, the eighth and current secretary-general of the United Nations, couldn’t have agreed more with those sentiments.

“Technology can be used as a great power to change your life, to change our lives, particularly the life and future of Africa,” he said during his visit to the offices of the nonprofit technology company Ushahidi and its offshoot iHub in Nairobi, Kenya.

iHub/Ushahidi is considered a technology incubator and has already helped many young creators and developers implement new ideas in order to “promote great transformation for our society.”

He went on to say that Africa already has the “power of creativity” and now it’s up to those young innovators to use technology and creativity to change the world.

“When we use your creativity and ideas, I can bet you that the productivity and greater progress of the country will be at least 50 percent more than in the past,” he added.

iHub/Ushahidi has already been responsible for over 150 startups and garnered more than 14,000 members.

The experts who gathered at the AEC plan to continue fostering innovative solutions and working closely with governments and private sectors to boost Africa’s economic growth.

With a vast majority of Africa’s population still under the age of 20, these tech experts and academics believe investing in the younger generation will be critical to the continent’s 50-year plan to make Africa a global powerhouse by 2063.