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From the article: Aniyia Williams, who started the nonprofit Black & Brown Founders, said a venture-funded system that encourages many failures for every one s
by zackmorris 8y ago
From the article:
Aniyia Williams, who started the nonprofit Black & Brown Founders, said a venture-funded system that encourages many failures for every one success is particularly unfair to black, latinx and women founders who “are rarely afforded the opportunity to fail, period.” Members of these organizations, she added, see more value when whole groups in their communities thrive, rather than venture’s winner-take-all model.
The transition from good-of-the-few to good-of-the-many means we might be at a crossroads in finance. Agism, nationalism and even wealthism (among many others) have been running rampant for centuries. Discrimination is so interwoven into US culture and history that the major issues of our time (like wealth inequality) probably require revolutionary rather than evolutionary solutions.
I've also been watching a lot of VICELAND lately and have been following the mantra of: cultural revolution requires personal evolution.