2 prominent venture companies revealed new efforts to back startup creators of color, amid an escalation of racial tensions in the U.S.
Capital is simply part of the formula that would make such initiatives effective, observers say. Companies likewise need to establish more open and robust networks to attract business owners in underrepresented communities. Some observers, on the other hand, said that the capital commitments are small compared to the amounts handled by these firms and, more broadly, the historic underallocation of capital …
%%.
source https://jobsearchtips.net/softbank-andreessen-horowitz-set-up-funds-to-back-varied-founders/
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