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Why the economics of equality is key to Atlanta’s growth

TechCrunch sat down with investor and entrepreneur Rodney Sampson as part of a fireside chat for our TechCrunch Atlanta Live program. The topic at hand was his work with the Atlanta-based ecosystem OHUB, which was started by him and his wife in 2013 and seeks to engage the next generation of diverse startup and venture…

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TechCrunch sat down with investor and entrepreneur Rodney Sampson as part of a fireside chat for our TechCrunch Atlanta Live program.

The topic at hand was his work with the Atlanta-based ecosystem OHUB, which was started by him and his wife in 2013 and seeks to engage the next generation of diverse startup and venture talent. Unsurprisingly, the battle is uphill. Discrimination within the startup ecosystem amalgamates racism, classism, and sexism. Black and Latine founders simply do not receive much funding; last year, Crunchbase said the number of dollars given to indigenous founders was too low even to track.

Atlanta seems like the perfect place to start advocating for change. Nearly half of the city identifies as Black and was a cradle for the 1960s Civil Rights Movement. Sampson was born and raised in Atlanta, although attended university at Penn State. He came back to Atlanta, though, because he felt it was a place to build; there was a diversity of talent and thought that intersected with innovation and culture. It was also home, he said.

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    June 7, 2023 at 8:54 pm

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Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television.
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Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports.
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