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Black Venture Capitalists Confront Silicon Valley Racism

Aug.24 — Many Black venture capitalists say they are grappling with their role and responsibilities in a high-stakes industry that generates extraordinary wealth for a select few and helps determine which tech businesses succeed. Bloomberg’s Nico Grant has more on “Bloomberg Markets: What’d You Miss?”

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Aug.24 — Many Black venture capitalists say they are grappling with their role and responsibilities in a high-stakes industry that generates extraordinary wealth for a select few and helps determine which tech businesses succeed. Bloomberg’s Nico Grant has more on “Bloomberg Markets: What’d You Miss?”

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7 Comments

7 Comments

  1. A B

    August 24, 2020 at 9:47 pm

    Pandering to marxist BLM. Most tech companies in Silicon Valley are predominantly South Indian, along with Americans are many ethnicity. It’s a marxist-CCP push, disguised as black American. It’s power grab.

  2. alicia burney

    August 24, 2020 at 9:51 pm

    THE HIGH END COMPANIES WILL USE BLACK TALENT ✊????????OR BLACK CREATORS✨????️✨☝????TO BUILD A COMPANY TO THE HIGHEST POINTS OF EARNINGS BUT WILL NOT???? PAY THE BLACK PEOPLE THE FAIR SALARY OR WHAT IS OWED TO THEM✨????️✨✊????FIGHT FIRE???? WITH FIRE ????
    MANY BLESSINGS ☝????????????????????????????????????????????????????????????????????????????

  3. Slickpete83

    August 24, 2020 at 9:56 pm

    Silicon Valley doesn’t care about race , just your talent and profits you can make for the company , stock price & winning. if Space Aliens could program and code Silicon Valley would hire them ????????????

    • blackdonte24

      August 25, 2020 at 12:17 am

      How would you know? Do you code? Do you stay out here in Silicon Valley? More than likely, you don’t.

  4. blackgurltech

    August 24, 2020 at 10:22 pm

    It’s almost as if they just don’t want Black people in particular to have a seat at the table. Meritocracy is BS. Playing the model minority card is also BS.

    If some of these Black companies where pitched by non-Black people they would get funded. Period.

    • TheMagicJIZZ

      August 24, 2020 at 11:09 pm

      You Think liberals hate black people? Lmao. Unbased theory. How many White working class people do they found?

      Truth is Black People haven’t founded any good or successful technology companies. Silicon valley obviously produces White greatness to the Fairchild semiconductor people to Apple to Facebook. Maybe White People are biased

      But racist? Like the kkk

    • blackdonte24

      August 25, 2020 at 12:19 am

      @TheMagicJIZZ You don’t know what Silicon Valley produces. There’s more Asians and Indians working in some of those companies than white people. Talk what you know, jackass. LMAO!!!

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Bloomberg Technology

Jackson Hole, Anthropic’s Court Win and PayPal Deal Collapse | Bloomberg Tech 8/28/2026

Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal,…

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Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal, a deal that would have ranked as one of the biggest-ever leveraged buyouts.

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Anthropic Scores Legal Win Against Trump Administration

A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate…

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A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate warning from Anthropic, OpenAI, and other companies about the growing threat of AI-enabled cyberattacks with Tim Stenovec on “Bloomberg Tech.”
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AI Could Push Inflation Either Way, Says BOE’s Bailey

Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance,…

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Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance, and why the BOE will make its own rate decisions regardless of the Fed’s path. He joins Bloomberg’s Lisa Abramowicz on “Bloomberg Tech.”
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