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$100M

Westbound Equity Partners, formerly Concrete Rose Capital, has raised an impressive $100 million to invest in Black, Latine, and diversity-focused founders.  Westbound Equity Partners Spearheaded by Sean Mendy, a former Boys & Girls Clubs of the Peninsula director, Westbound’s mission is to channel resources into startups that demonstrate potential while embodying a commitment to diversity and equitable culture. Mendy’s vision was to create a fund to break the homogeneous investment and entrepreneurship cycle and foster a more diverse and inclusive tech ecosystem.  The uniqueness of Westbound lies in its dual approach. On the one

Spelman College has made history on its 100th birthday as the recipient of a $100 million donation: the largest-ever single gift to a historically Black college. The college is based in Atlanta and is a historically Black liberal arts college for women. The donation came from businesswoman and philanthropist Ronda Stryker and her husband, William Johnston – the chairman of the wealth management company Greenleaf Trust. Stryker has been a Spelman College Trustee since 1997 and a member of Harvard Medical School’s board of fellows member. She is also the granddaughter