Creative Ways to Capitalize Your Startup

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May Samali is a “PowerBoost – Capitalizing Underrepresented Techpreneurs” panelist at the 2017 Future of Wealth Summit.    Investors are pumping more money into more startups than ever before. But this growth in funding is skewed away from underrepresented entrepreneurs. In fact, women and people of color currently receive less than 3% of all venture […]

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A BETTER UNDERSTANDING OF WEALTH INEQUALITY IN THE UNITED STATES

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Dr. Darity will receive an award for his work at the 2017 Future of Wealth Summit.   It is vital in improving our understanding of wealth inequality in the United States — both racial and overall wealth inequality — that we recognize (by measuring the direct effect of inheritances and gifts on asset building for […]

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Black and Brown Techpreneurs Forced to Take Different Path to Success

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Catch Melissa Bradley at the 2017 Future of Wealth Summit, April 26-28, 2017 . On April 13, 2017, I had the pleasure to co-host an investor-entrepreneur breakfast in Washington, D.C., with 30 attendees. The purpose of the event was to understand the challenges and opportunities related to investing in Black and Brown entrepreneurs. While many investors […]

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Invisibility of Blacks and Hispanics in Tech Can No Longer Be Ignored

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The shareholders of one America’s largest and most celebrated corporations frowned upon a proposal to move more aggressively to recruit Black and Brown talent, and the world did not take notice. Even usually woke Black Twitter – which is always quick to side-eye such slights – was fast asleep. A whopping ninety-five percent of Apple, […]

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Will Automation Drive Job Loss?

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At a recent Congressional forum that explored the potential impact of automation on workers, Dr. Maya Rockeymoore discussed our report, “Stick Shift: Autonomous Vehicles, Driving Jobs, and the Future of Work.” Watch the conversation. Panelists: – Maya Rockeymoore, President and CEO, Center for Global Policy Solutions – Edward Wytkind, President, Transportation Trades Department, AFL-CIO – Ronald […]

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Washington’s Big Risk: Ignoring the Rise of Automation

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Last month, Tesla announced a partnership with the country of Dubai to put 200 driverless taxis on the road. The fact that Tesla and other Silicon Valley companies, like Uber and Google, are focusing heavily on research and development of artificial intelligence and automated technology comes as no surprise. Yet, what is surprising is the lack of […]

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Shamefully High Child Poverty Rates In the United States

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Despite being a very rich country, the United States has a very high child poverty rate, many times higher than the rate in other rich countries. Since “poverty” can be defined differently in each country, UNICEF uses a relative poverty standard for international comparisons of child poverty. By this standard, children living in households earning […]

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Hidden Challenges for Black Women Entrepreneurs

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Although Black women’s firms appear to be doing very well when looked at from afar, upon closer examination, problems become apparent. In 2015, American Express OPEN reported that firms owned by African American women had the strongest rate of growth in number and revenue among women-owned firms. Looking more carefully at the American Express OPEN […]

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Black Men Entrepreneurs Were Walloped by the Great Recession

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In comparison to firms owned by other race and gender groups of business owners, Black men’s firms were hit hardest by the Great Recession. Of the 10 such groups analyzed in the report, “The Color of Entrepreneurship,” only African American men had a decline in their number of businesses from 2007 through 2012. Black men’s […]

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