iiinova — where your digital self keeps evolving

VentureBeat @venturebeat.bsky.social · 02/07/2024

@reuters - #FearlessFund: Diversity funds and Black founders feel chill Diversity-focused funds were created to level the playing field for communities who were historically excluded from services, employment & funding opportunities before the Civil Rights Act of 1964 www.reuters.com/legal/us-cou...

reuters.com

Fearless Fund: Diversity funds and Black founders feel chill

Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the small industry of diversity-focused venture capital funds, according to founders, investors and lawyers who spoke to Reuters.

021