Tag: Diversity
Google’s racial equity push includes $175 million for Black businesses
Google’s commitment to supporting the Black community will extend well beyond YouTube’s $100 million fund. Google and Alphabet chief Sundar Pichai has unveiled a racial equity initiative that, among other things, will contribute a total of $175 milli… Source
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Silicon Valley can fight systemic racism by supporting Black-owned businesses
Will Walker Contributor As the United States sees its second week of large-scale protests against police brutality, it’s painfully clear that the country’s racial divide requires significant short- and long-term action. But most of these calls for change gloss over the role Silicon Valley can and should play in mending…
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For more equitable startup funding, the “money behind the money” needs to be accountable, too
As protests continue across the U.S. and beyond, there has been chatter this week in Silicon Valley and the venture industry more broadly about race and which venture firms have done a better job of diversifying their ranks and founder bets. There have been mea culpas, promises by firms to…
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Andreessen Horowitz launches $2.2M fund to invest in underserved founders
Andreessen Horowitz announced today in a blog post that it is launching a fund designed to invest in underrepresented and underserved founders. The Talent x Opportunity (TxO) fund, which a16z says was in the works for six months, starts with $2.2 million in donations from the firm’s partners. TxO will…
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Venture firms rush to find ways to support Black founders and investors
As protests against police brutality and economic manifestations of systemic racism in the U.S. continue, venture capital firms are joining the chorus of technology industry advocates lending their support to the cause. For the past three days, technology company executives and the investors who backed them have issued statements of…
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What motivates innovative entrepreneurs: Money or altruism?
Hala Hanna Contributor Hala Hanna is Managing Director, Community at MIT Solve, a marketplace for social impact innovation. In today’s new world completely engulfed by COVID-19, all sorts of innovations are emerging to help the world overcome this difficult time: 3D printers are cranking out medical supplies; rapid advancements in testing have…
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