Masters of Scale Rapid Response: Don’t wait for the system, build it!, w/Genius Guild’s Kathryn Finney
Jun 9, 2022
Kathryn Finney, CEO of Genius Guild and author of "Build the Damn Thing," champions the need for equity by supporting underrepresented entrepreneurs. She discusses the impact of George Floyd's murder on activism for Black women founders and the innovative community-centric investing model of Genius Guild. Kathryn addresses systemic barriers in venture capital, critiques corporate DEI efforts, and shares inspiring stories of entrepreneurship. With a hopeful outlook, she stresses the transformative power of entrepreneurship in creating a more equitable society.
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Personal Connection to Tragedy
- Kathryn Finney, from Minneapolis, personally knew the area where George Floyd was murdered.
- This personal connection fueled her desire to use her resources to support the community and fight for change.
Market-Based Solutions and Racism
- Market-based systems can potentially reduce racism if left to operate without external interference.
- Historical events like the destruction of Black Wall Street demonstrate how racism disrupts natural market flows and hinders wealth creation.
The Dooney Fund's Origin
- The Dooney Fund started as a way to provide micro-investments to Black women entrepreneurs struggling during the pandemic.
- It demonstrated the resourcefulness of these entrepreneurs and the impact of even small amounts of capital.
