Black Lives Matter has shone a spotlight on policing, but also on other areas, like the tech industry.
"They've been extremely supportive, as an investor and also a friend and a partner," he says
But 81% of venture capital funds specialising in making these types of investment lack a black partner. And Marlon Nichols asserts that ethnically diverse founding teams deliver investors better returns - on average 3.3 times their invested capital, compared with 2 times for all-white founders.She and another VC principal, Frederik Groce, held a dinner and invited all the black people they knew in VC in the San Francisco Bay area, as well as other friends."We ended up being about 30 people, and most of the black investors in California, which is pretty wild," she says.
These are 20-50% more efficient than air conditioners and two to three times more efficient than boiler-based furnace systems, he says. "I don't think it's going to be a very long time from now," says Mr Baird."I think it's going to be five years." So she started Blaqbase, a marketplace platform, largely because she wasn't finding things she needed locally"like makeup for my skin type, and black-owned brands weren't very visible online".Black-owned businesses are the least-funded businesses, she says, and this is problem is compounded if you aren't visible.
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