The state of black venture capital in the US has seen growth and progress in recent years, but there is still a significant disparity compared to other racial groups. Historically, black entrepreneurs have faced challenges in accessing venture capital funding due to various factors, including systemic biases and limited networks. However, efforts are being made to address this issue, such as the emergence of black-led venture capital firms and initiatives focused on supporting black founders. While there is work to be done, the landscape is evolving to foster greater inclusivity and opportunities in venture capital for black entrepreneurs.
Benjamin J. Vann is founder and CEO of Impact Ventures. He and his team have a unique mission to empower talented, yet under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital
We talk about their mission and more on this episode.
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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