Tag: venture capitalists

The overwhelming challenges faced by Black businesses were probably not on the minds of the 30 speakers, all white, at the Silicon Valley crowdfunding conference, but equity crowdfunding may prove to be a way to bring Black businesses roaring back – to once again anchor and stabilize Black communities and make them thrive. Crowdfunding under Title III will become a reality. Companies must wait until May 16, 2016, to begin raising money under Title III.

Tech leaders, entrepreneurs and venture capitalists from across the country attended the PUSHTech2020 Summit to continue the dialogue on diversifying the tech sector. The one-day conference, which was hosted by Rev. Jesse Jackson and the RainbowPUSH Silicon Valley Project took place May 6 at the Hyatt Regency San Francisco. In a pitch competition, diverse tech startup entrepreneurs competed for more than $15,000 in cash prizes.

Mayor Ed Lee is considering a New York City-style stop-and-frisk policy, where police search anyone they consider “suspicious.” Lee, the first Chinese American mayor of San Francisco, said, “I will be tagged – as the minority mayor of this city – for racial profiling.” He’s right – and that tag is entirely justified.

Who's on welfare now? For years, the rich have condemned and criminalized women of color who survive dire poverty with a little cash assistance from the government. But now, big business wants to cut into the welfare line.