Essence Magazine:
By Jasmine Browley· Updated September 8, 2022
Venture capitalists vowed to address diversity at their portfolio companies by funneling more funding into diversely-owned companies and creating more pathways for Black VCs to enter the space. While there has been some movement, Black investors are still underrepresented across the US and this is affecting how funding decisions get made.
For example, in June Crunchbase pointed out that VC funding in Black businesses
This post first appeared in Essence Magazine. Read the original article.