black founders

Fearless Fund has made a big deal since settling its controversial lawsuit

Fundraising /

Fearless Fund has made a big move since it settled a lawsuit with the American Alliance for Equal Rights (AAER).  The firm announced on Thursday a seven-figure investment into the e-commerce platform Zimi, co-founded by Audrey Djiya and Peter Nsaka. Zimi offers inventory management, handling and storage, and border logistics specifically to help businesses in […]

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DEI backlash: Stay up-to-date on the latest legal and corporate challenges

Venture /

The Great Rollback is here. The phrase refers to Big Tech starting to slash some of the diversity, equity and inclusion (DEI) programs that were implemented shortly after the murder of George Floyd. Most recently, Zoom announced that it laid off its DEI team. Google and Meta have started to defund their DEI programs, and

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Stay up-to-date on the amount of venture dollars going to underrepresented founders

Venture /

Venture capital funding has never been robust for women or Black and brown founders. Alongside Crunchbase, we’ve been tracking funding levels to pinpoint moments of progress and regression for marginalized entrepreneurs. For example, Black founders saw record amounts of funding in the bull year that was 2021, but that amount dipped substantially as the market

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Some Black startup founders feel betrayed by Ben Horowitz’s support for Trump

Government & Policy /

Some of the richest, most influential investors in Silicon Valley are publicly supporting Donald Trump’s campaign. They run powerful firms that every founder wants as backers. But because of their financial support for Trump, some Black founders are rethinking if they should have them on their cap table, according to seven Black founders and investors

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Black founders are creating tailored ChatGPTs for a more personalized experience

Startups /

At first, John Pasmore was excited about ChatGPT.  The serial founder had been in the artificial intelligence space since at least 2008. He recalled the days when experts declared it would take decades before the world saw anything like a ChatGPT. Fast-forward — that day has now come.  But there is a catch.  ChatGPT, one of

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DEI backlash: Stay up-to-date on the latest legal and corporate challenges

Startups /

The Great Rollback is here. The phrase refers to Big Tech starting to slash some of the diversity, equity and inclusion (DEI) programs that were implemented shortly after the murder of George Floyd. Most recently, Zoom announced that it laid off its DEI team. Google and Meta have started to defund their DEI programs, and

DEI backlash: Stay up-to-date on the latest legal and corporate challenges Read More »