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Founders · Sunday, 31 May 2026 · Issue 6 · 13 stories

Snap alumni fund, Black founders $643M, AI froth warning

Funding & VC

Black founders hit $643M in early 2026 funding, but systemic gaps persist

U.S. Black‑founder startups raised $643 million in the first quarter of 2026, the most since 2022 and about 70% of last year’s total despite accounting for just 0.32% of all venture capital. The surge is driven by a handful of big deals, yet Crunchbase notes funding remains minuscule relative to the market and limited access to networks continues to hinder progress.

techcrunch.com ↗1 min read at source

Building the Company

Growth & GTM

Leadership & Lessons

Domain expertise, not code, is the lasting startup moat in the AI era

The author argues that as AI can now generate code, the decisive advantage for startups shifts to deep domain knowledge that can validate outputs. Domain experts paired with AI become highly effective, while engineers lacking domain insight risk building technically sound but incorrect systems. This reframes talent strategy for AI‑augmented product teams.

brethorsting.com ↗3 min read at source

Box CEO Warns AI Job Replacements Reflect ‘AI Psychosis’

Box CEO Aaron Levie calls the rush to replace jobs with AI a form of ‘AI psychosis,’ saying the very people pushing automation often lack real insight into those roles. He cites ClickUp’s recent 22% staff cut for AI agents as a warning sign, while TechCrunch’s Equity podcast debates the balance between AI enthusiasm and skepticism.

techcrunch.com ↗1 min read at source

AI VP of Customer Success Calms Interactions, Slashes Escalations

SaaStr’s AI VP of Customer Success, QBee, handled sponsor deliverables with neutral, fact‑based emails, avoiding emotional back‑and‑forth. This calm approach resolved placeholder issues instantly and prevented escalations, showing that a well‑trained AI can be treated more calmly than humans, cutting friction in support workflows.

saastr.com ↗6 min read at source

You’re caught up.

That was all 13 stories in the 31 May issue.