Black women’s entrepreneurship is under attack - STUFF MOM NEVER TOLD YOU
There Are No Girls on the Internet
iHeartPodcasts
4.1 • 907 Ratings
🗓️ 5 September 2023
⏱️ 50 minutes
🧾️ Download transcript
Summary
Fearless Fund is a Black woman led venture capital firm that offers investment, financial support, and mentorship to Black women owned businesses.
But they are under attack for providing support for traditionally marginalized entrepreneurs.
Edward Blum, the professional hater at the heart of the supreme court’s legal challenge of affirmative action, is suing them for what he says is racial discrimination.
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Transcript
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| 0:00.0 | There are No Girls on the Internet as a production of IHeart Radio and Unbossed Creative. |
| 0:11.9 | I'm Bridget Todd, and this is There Are No Girls on the Internet. |
| 0:17.7 | Fearless Fund is a black woman-led venture capital firm that offers investment, financial support, |
| 0:23.2 | and mentorship to black women-owned businesses. But they're under attack for providing |
| 0:28.3 | this support for traditionally marginalized entrepreneurs because Edward Blum, the professional |
| 0:33.5 | hanger at the heart of the Supreme Court's legal challenge against affirmative action, |
| 0:40.2 | is suing them for what he says is racial discrimination. |
| 0:44.7 | Now, this could set a precedent that completely changes the landscape for entrepreneurs. |
| 0:50.2 | And there are so many different podcasts and influencers who talk about tech and startups and entrepreneurship. It's a really crowded space. But if I'm being honest, I haven't really seen a ton of |
| 0:56.0 | folks talking about this hugely important case. Everyone in entrepreneurship should be talking about this, |
| 1:02.0 | not just black women, all of us, because it could impact all of us. I joined my friends Samantha and |
| 1:08.6 | Annie at the podcast Stuff Mom Never Told You to explain what I mean. |
| 1:12.8 | And stay tuned because we'll be hearing from some of the folks at the center of this case later this season. |
| 1:22.6 | The man who brought us the legal challenge that struck down affirmative action earlier this summer is back. And this time, he is coming for grants and fellowships that support marginalized people. |
| 1:34.1 | So you all probably recall that earlier this summer back in June, the Supreme Court struck |
| 1:38.9 | down affirmative action, ruling that race can no longer play a part in college admissions. |
| 1:44.5 | Notably, the decision just applied to race. |
| 1:47.2 | It did not apply to gender or things like legacy status or donor status being considered in the college admissions process. |
| 1:55.0 | Separately, some colleges like Harvard have signaled that they might start reexamining the role that things like legacy status |
| 2:01.7 | plays in college admissions in light of that Supreme Court ruling. |
| 2:06.4 | Do you all remember this? |
| 2:07.4 | I remember when the ruling was struck down how big it felt, especially being a big Supreme |
... |
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