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Cultural matching fund

Black founders only receive 1.4% VC funds—here’s how to change that

August 9, 2022 by www.fastcompany.com

Did you ever have to write a letter to your younger self at school? It’s a humbling feeling to look back and wonder what you wish you could have communicated to your past self. advertisement advertisement As I develop my next venture, 2045 Studio, I realize how much more I know now than eight years ago, when I quit my job in finance and took a terrific gamble on my career. When I started building my first business, Jopwell , I knew I was up against difficult odds. For one, I had never started a business before (I was only 24!). I was not (and still am not) an engineer.  And I was going to be a Black founder. That last point means that I belong to a group that, at the time, received less than 1% of venture capital funds. In 2021, 8 years later, that number had only increased to 1.4%. advertisement advertisement Another obstacle at that time which still exists today was the lack of representation at the investor … [Read more...] about Black founders only receive 1.4% VC funds—here’s how to change that

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Editor Daily Rundown: Donald Trump to Be Deposed Wednesday by New York Attorney General

August 10, 2022 by dailycaller.com

Donald Trump to Be Deposed Wednesday by New York Attorney General … WSJ Donald Trump is set to be deposed Wednesday by the New York attorney general’s office in its civil-fraud investigation into the financial dealings of the former president and his company. “In New York City tonight,” Mr. Trump wrote on his social-media platform, Truth Social, just after midnight. “Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history! My great company, and myself, are being attacked from all sides. Banana Republic!” A spokeswoman for New York Attorney General Letitia James declined to comment. A lawyer for Mr. Trump didn’t respond to a request for comment. Police exodus ‘crisis’: Officers are ditching the job at a rate ‘never seen before’ … FOX NEWS Law enforcement officers are leaving their jobs “at a rate we’ve never seen before,” with some departments seeing decreases by as many as hundreds of members compared to the … [Read more...] about Editor Daily Rundown: Donald Trump to Be Deposed Wednesday by New York Attorney General

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This is the secret to transform a bad boss into an effective leader

August 9, 2022 by www.fastcompany.com

We’ve all heard about them, and many have had the unfortunate experience of working for them—a bad boss who creates a negative environment for those around them. Fortunately, there is something that can be done to help transform an ineffective manager into a leader, or weed out those who simply don’t have leadership potential at the start. advertisement advertisement But what exactly constitutes a bad boss? We’ve found they share similar on-the-job characteristics. They don’t empower employees to have full autonomy. In fact, they’re micromanagers who peer over their employees’ shoulders, not trusting them to do their task. They fail to provide feedback, whether praise or opportunities for improvement. They solely provide negative feedback and miss the opportunity to motivate and coach. As their purpose is to drive employees—not sharing what the employees do well, not acknowledging them for a job well done—it leaves the employee feeling beaten, … [Read more...] about This is the secret to transform a bad boss into an effective leader

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