The Origin of Tech’s Diversity Problem
The patterns we see in the decision-making of venture capital firms have been in the making for more than seven decades. A lack of funding for female and minority founders is deeply rooted in venture capital’s foundation as the VC world, from the start, cemented its success by centering around white & male-dominated companies. Don’t believe…
Read MoreA16z’s Latest Investment Exposes VC
“Venture capital firms continue to gamble on poor investments… while on the other hand, women and founders of color with well-thought-out, substantive business plans remain in the waiting room.” Rep. Stephen Lynch (D-MA) during a June hearing on Combatting Tech Bro Culture Andreessen Horowitz has 42 fintech companies in its portfolio, according to the fintech section of…
Read MoreWhat Nasdaq’s Diversity Rule Means
“You can’t hit a goal without a target set.” Mellody Hobson, president & co-CEO of Ariel Investments, Chair of the board of Starbucks I’ll never forget meeting Mellody Hobson at the height of 2020 (right after the murder of George Floyd, amid a significant racial recocking in America). As a top businesswoman who has committed her career to advance…
Read More$100M for Latino-Led Tech
“It fundamentally comes down to being able to allow our community to build wealth, and what a better way to do that than driving wealth into a founder that can employ a diverse cohort” Laura Moreno Lucas As former Managing Director of the Nasdaq Stock Exchange, Laura Moreno Lucas has led the high-profile IPOs of Lyft, Beyond Meat, The RealReal, and Airbnb. …
Read MoreWhy Alloy Is Going Global
Many businesses are rethinking their growth strategies in a world where the markets have completely turned. Worldwide fraud, fines for poor execution of regulatory requirements, and the embedded finance boom have all risen. The environment is giving B2B fintech companies a significant edge. These changes spurred Alloy, which has built an identity operating system for banks and fintechs, to expand its platform to…
Read MoreMental Health Check x Fintech Culture
Business is personal. There – I said it. Work is more than just a four-letter word. Work can and should be a source of belonging, growth, and pleasure. And to say that we, as humans, can remove our “personal” selves from our business environments is dangerous. That’s not hyperbole, especially in fintech and startup culture. …
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