The Key Investing Habits of Wealthy Black Families
According to a recent study Black Americans have earned roughly 60 percent what white Americans earned over the last 30 years. Wealth among blacks is even more concentrated—the top 10 percent hold 67 percent of the wealth held by all blacks, compared with the top 10 percent holding 51 percent among white families.
$25 Million Fund Pledged To Black Own Startups by VC 500 Startups
500 Startups is raising a $25 million dollar microfund to make early stage investments in Black and Latino founders. This fund will invest in ~100 companies and give Black and Latino founders the access to capital, networks, and expertise that they need to grow their businesses.
SMAART How To Organize Your Pitch Deck To Win Investment | Mini Workshop
This Saturday's SMAART will be a workshop on "Organizing Your Pitch Deck for Investors". A short 20 min instructional tutorial on how to present your business as the next Uber, Amazon, Google or Airbnb to angels and venture capitalist.
Would more black investors mean more money for black entrepreneurs?
It's an attempt to fix a big imbalance — data show that African-Americans are seriously underrepresented in the investment community. Less than 1 percent of venture capital-backed internet companies were founded by African-Americans, according to a 2010 report by CB Insights.