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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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Apple Forecasts Sales Growth Amid Memory Shortage | Bloomberg Tech 5/1/2026

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Apple’s strong outlook amid the continued memory supply crunch. Plus, Roblox CEO Dave Baszucki discusses the gaming platform’s “aggressive push to enhance safety” that tempered user growth. And, Bloomberg spoke with OpenAI CFO Sarah Friar who pushes back on a report that the AI leader is missing its own targets.

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Roblox stock plummeted after the company slashed its full-year bookings forecast, admitting that new age-verification and child-safety features are creating major short-term friction for user growth. Roblox CEO Dave Baszucki joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Twilio reported its fastest revenue growth in over three years, fueled by a massive surge in AI-driven demand. Twilio CEO Khozema Shipchandler discussed what he called a “milestone quarter” with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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