Last week, Black Enterprise magazine published an interview with COO of Facebook and CEO of Lean In Sheryl Sandberg. It was rooted in the fact that Sandberg’s Lean In advice has fallen flat for most women, and more specifically for Black women. The strategy has been criticized by many thought leaders, including Michelle Obama who notably said, “that shit doesn’t work all the time.” And this quote from Mindy Harts, founder of The Memo sums up the basis of the criticism through a racialized lens: “Lean In was well-intentioned and
Arlan Hamilton — founder and managing partner at Backstage Capital — summarized best why investing in Black Female Founders (BFF) isn’t just important, but could produce high yields: “Less than 0.2 percent of all early-stage venture funding goes to Black women, while we make up approximately 8 per cent of the U.S. population and are one of the fastest-growing entrepreneur segments in the country,” Arlan wrote. “It is my firm belief that because Black women have had to make do with far less for centuries, equipping them with early-stage capital that is
