Greenwood Rising: The Rise of Black Wall Street premiered on October 11, 2024, sharing the story of O. W. Gurley, one of the founders of Tulsa, Oklahoma’s famed Black Wall Street. Featuring Family Matters star Darius McCrary and Fatima Marie as O. W. Gurley and Emma Gurley, this historical drama’s distinctive soundtrack blends jazz with modern beats, bringing a fresh energy to this powerful story. From Tech to Storytelling Co-produced and directed by Aaron L. Williams, Greenwood Rising is first original film by ad-supported video-on-demand platform Fawesome. Williams began his
Nearly 8 in 10 (77%) Black professionals aspire to start their own business within the next year, according to a recent LinkedIn report. This surge is part of a broader movement as professionals increasingly turn to freelancing, consulting, or launching side hustles to gain flexibility and control over their careers. Why Entrepreneurship is on the Rise Several factors contribute to this rise in entrepreneurial ambition. The report reveals that 85% of Black professionals believe having multiple streams of income is essential, and 69% say recent layoffs in the news have
Female entrepreneurs of color remain among the most disadvantaged in raising capital, despite growing efforts to support diversity in entrepreneurship, according to The Funding Divide report. Persistent Challenges in Fundraising The report, published by DocSend and Dropbox, found that racially diverse, all-female startup founding teams spent the longest time raising capital. In 2023, they spent an average of 25 weeks fundraising in 2023, a 67% increase from 2022. Despite this extended effort, they secured an average of only $460,000, the lowest amount among all demographic groups. In contrast, racially diverse,
Relevance Ventures and Skoden Ventures have announced the launch of the Native American Capital and Investment Alliance (NAICA) to bridge the gap between Native American founders and capital providers. Relevance Ventures is one of the only privately owned and operated Native American venture capital firms in the US. They provide strategic venture assistance and guidance to entrepreneurs who foster balance and harmony while delivering a positive societal impact. Skoden Ventures is a boutique venture fund investing in early-stage startups with Indigenous, Black, Brown, and women founders. Native American Founders For
A recent study by Lendio has highlighted the extent to which location can impact the success of Black and Latine-owned businesses, ranking the best and worst states for minority-owned companies to succeed. The POC-owned business boom U.S. entrepreneurship is more diverse than ever, with people of color owning 1 in 5, or 1.2 million, of the nation’s businesses in 2020. Black and Latine Americans are also the fastest-growing group of entrepreneurs but continue to face challenges such as limited access to venture capital funding and a lack of networks and mentorship programs, all while facing discrimination
Dealing with a co-founder breakup can be the most challenging experience business owners face on their entrepreneurial journey. According to Noam Wasserman, a professor at the University of Southern California, 10% of co-founders end their relationship within a year of starting a business, and an additional 45% within four years. Although co-founder splits are normal, they can be emotionally taxing for all parties involved. Regardless of what might have led to the co-founder’s divorce, both parties must reach a mutual understanding before choosing to go their separate ways. In a recent post,
Earlier this week, Calendly announced the acquisition of recruiting operating platform, Prelude to help further accelerate the platform’s vision of solving external scheduling challenges for individuals and members of the company. Prelude, co-founded by Will Laufer and Alexander Soto, is a recruiting operation platform focused on improving the recruitment process to help improve the candidate’s experience. Over the years, Prelude has transformed how companies approach hiring, from communications and prep to scheduling and logistics. In addition, by increasing transparency, Prelude’s enterprise has made the hiring process a lot more seamless for customers. Prelude and Calendly joining forces
Talent x Opportunity has announced the launch of its third cohort. The initiative, designed to support artistic geniuses with the tools they need to scale and grow, welcomed a new set of founders for this year’s program. The TxO program, founded by venture capital firm Andreessen Horowitz (known as “a16z”), works to help accelerate the growth and impact of upcoming tech companies. They select elite entrepreneurs and prepare them with the ideal tools to build and expand their companies. Here are five founders joining the TxO community in Fall 2022.
POC-led embedded integration platform, Paragon, has raised $13 million in a Series A funding round led by Inspired Capital Partners. The funding round also included investors FundersClub and Garuda Ventures. Paragon, founded in 2019 by Ishmael Samuel and Brandon Foo, provides customers with a seamless, self-service experience that fits within the users’ existing workflow. The program, which is still relatively new in the market, has helped several companies integrate with different SaaS apps in a matter of minutes. The platform’s vision is to build a connecting layer for all software
Tech giant, Apple, has launched its inaugural Entrepreneur Camp for Hispanic/Latinx founders and developers. This year’s program will specifically focus on supporting Latinx founders and will encourage leaders and developers from nine app companies in the US, Brazil, Guatemala, and Portugal to build the next generation of apps. “We are so excited to bolster the impact of Entrepreneur Camp with the addition of this new cohort for Latin technologists,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and Social Initiatives. “It’s an honor to support these founders and
