Beta Boom, a US-based venture capital firm, has announced the closure of its $14.5 million Fund II. Founded in 2017 by Kimmy and Sergio Paluch, Beta Boom is committed to bridging the funding gap experienced by underrepresented founders, particularly in areas beyond the major tech hubs. Beta Boom’s Fund II Beta Boom’s Fund II, raised by the duo, alongside Ally Bank, Melinda French Gates’ Pivotal Ventures, and Bank of America, signifies a pivotal shift in the venture capital landscape. The fund aims to support early-stage startups that cater to the
In the next few days, the U.S. Supreme Court is expected to decide whether or not colleges and universities can continue to consider race in their student admissions process, a practice known as affirmative action. The ruling results from the Students for Fair Admissions (SFFA) lawsuits against Harvard and the University of North Carolina (UNC), which saw the court have oral arguments last year. The conservative majority court appeared ready to eliminate admissions, with race being a factor in decision-making, despite being in law for almost 50 years. Many have
This article was first published by Rumbi Makanga on Medium. I was asked to give a talk by a London-based company for Black History Month in October 2022. Initially, I was going to title my talk Your Silence Will Not Protect You after the eponymous collection of essays by Audre Lorde and to honour the many silences I have nursed over the years and the vast silences I know countless Black people are forced into in their professional lives. It took a bout of illness in the last days of 2020 to
