4min chapter

Earn Your Leisure cover image

BLACK WOMEN LED VC FIRM, FUNDING BLACK WOMEN'S BUSINESSES, FACES LAWSUIT FOR REVERSE DISCRIMINATION

Earn Your Leisure

CHAPTER

The Impact of Venture Capital on Black Founders and the Need for Legislation

This chapter explores the lack of black founders in major companies and the potential increase in GDP if more black and brown founders were given capital and led to IPOs. It emphasizes the importance of empowering black founders to create more wealth and job opportunities, ultimately reducing the wealth gap. The chapter also touches on a lawsuit filed in Georgia and the need for legislation and policies to ensure equitable distribution of funds and investments.

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