The Latest from Dominic-Madori Davis
"Clapping from the sidelines only goes so far."
It's ironic that LPs retreat to familiar networks because most capital goes to white men and most VCs are not profitable in risk-adjusted terms. That means it's time to try something new.
Not shockingly, Black founders are seeing a decrease in funding this year.
Black Gen Zers are already starting their paths toward becoming top industry leaders.
"Women of color are the most founded, entrepreneurial demographic. They are just the least funded."
The next generation of investors, entrepreneurs and leaders are all in one place right now: TikTok.
E-commerce platform Gander announced today the closing of a $4.2 million seed round co-led by Harlem Capital and Crossbeam Venture Partners.
Founded by two Black women, Five to Nine helps companies manage their employee resource groups.
The pledge encourages VCs to invest a quarter of their funds into BIPOC women founders.