Against the backdrop of protests against racism and police brutality erupting across the country, Andreessen Horowitz has announced that it is launching a new nonprofit fund to invest in founders from underserved backgrounds.
Silicon Valley's venture capital industry has long been criticized for its approach to increasing diversity in both its investments and its workforce. Standard practices like scouting startups from a known network of elite institutions have made it difficult for some startup founders to get an audience with Silicon Valley's blue-chip firms.
In addition to seed capital provided by the firm, Andreessen Horowitz said that it hoped to provide founders with the blue-chip firm's vast network, and give them the chance to get further funding like "an accelerator for the unseen." Although SoftBank's fund is significantly larger than the Talent x Opportunity fund, Andreessen Horowitz also has other ongoing efforts to increase diversity within tech. The firm's, launched two years ago, sets out to increase diversity in tech by donating all its management fees and carried interest into non-profits dedicated to increasing diversity in technology.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Felicia Horowitz elicits apology from Information reporter over tweet - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Alibaba launches tools for small businesses struggling during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. THANK YOU🙏
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Everlane, Birchbox, and Poshmark founders on fashion and beauty future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Citi's Luigi Pigorini: Wealth taxes could fund coronavirus relief - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Living conditions of minorities and low income workers have deteriorated since trade deals briught in cheap goods outsourced jobs whole supply chains to commjnist regimes. INCOME main issue of 50 million Americans for which a basic income is needed and paid for stock mkt salestax I think it's a good idea Keep the money moving Pajak progresif itu baik, asal jgn diselewengkan
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Map: Where to donate to bail funds to support protesters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why should we send money to people whom break the law Bail out criminals? Fuck no! Are you really advocating to bail out rioters and looters because they march with protesters?
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »