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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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Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

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Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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