What minority founders must consider before entering the venture-backed startup ecosystem

(Techcrunch) Funding for Black entrepreneurs in the U.S. hit nearly $1.8 billion in the first half of 2021 — a fourfold increase from the previous year. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Read more here.

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Vice Media Union to Top Execs: Severance Terms for Laid Off Staffers Are “Unconscionable”

(The Hollywood Reporter) The Vice Media union’s labor management committee has requested the company improve its “unconscionable” severance terms for the 17 staffers at Vice Digital and Refinery29 who were laid off in late August. In a letter sent to top executives, including Vice CEO Nancy Dubuc, this week, the committee demanded that the media…

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Reimagining Investment: Human Rights in Venture Capital

(BSR) The increasingly widespread media coverage of surveillance and spyware technologies used to track ethnic and racial minorities and immigrants and surveil journalists, human rights activists, and other prominent figures has put a spotlight on the role of private equity firms, including venture capital (VC) investors, in financing human rights abuses in the United States…

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What is DEI Doing for the Formerly Incarcerated?

(HBR) A 2018 estimate of unemployment among the five million formerly incarcerated people living in the U.S. found that they are “unemployed at a rate of over 27% — higher than the total U.S. unemployment rate during any historical period, including the Great Depression.”  In this article, author LeRon L. Barton poses the question: What role…

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It’s Time for Engineering to Be Equity-Centered

(Inside Higher Ed) In technical fields, we often pride ourselves on our objectivity — as though the work exists outside ourselves. In engineering, we have historically believed that we could make technologies that work for anyone, regardless of the identity of the engineer or the user. We have believed that technological progress was inherently making…

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SEC Chair Gary Gensler Wants To Know How Companies Are Treating Workers

(Forbes) Regulators are homing in on the most important intangible assets: people. Intangible assets – skilled workers, brands, client relationships, organizational processes, and client relationships – generate most corporate growth and represent 90% of the market value of the S&P500. Since people are not capitalized on the balance sheet and are instead deemed as an…

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