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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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President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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