Protests shed light on why ‘black founders matter’ in startups, business

Widespread protests in response to the police killing of George Floyd have also put a spotlight on a lack of racial and ethnic diversity in the boardroom, a venture capitalist told Yahoo Finance this week, who described the issue as an opportunity for change.

Angel investor Lorine Pendleton, the lead investor for the Rising American Fund with Portfolia, said that the current social upheaval is putting a needed spotlight on issues that pertain to class and wealth. That includes the need to tackle the dearth of minorities on Wall Street, Silicon Valley and in board rooms.

The problem is “really systemic,” Pendleton told Yahoo Finance’s “On the Move” in an interview, adding that the Black Lives Matter movement is “actually shedding a light on income and wealth disparity.”

“And so I say, black founders matter, and that’s…what we’re doing and investing in these best of class companies that are out

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Scholarships, Loans & Financial Aid

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I once listened to this team that climbed Mount Everest, and so they stated it took them x … Read More

Malaysia’s ex-finance minister, wife charged with graft

PENANG, Malaysia (AP) — Malaysia’s former finance minister accused the government of taking political vengeance Tuesday after a third graft charge was filed against him and his wife was charged with money laundering.

Lim Guan Eng was part of a reformist government ousted in March and the new government under Prime Minister Muhyiddin Yassin is supported by graft-tainted parties defeated in the 2018 general election.

At a news conference after his court hearing, Lim was visibly upset as he told reporters Muhyiddin’s government had targeted his family to break his spirit.

“They are caught in the crossfire. This is completely excessive, just too much. Go for me but leave my family alone,” Lim said. His wife, Betty Chew, was more emotional as she slammed as frivolous and baseless the charges against them, calling it “cruel and terrible.”

Lim, 59, pleaded not guilty to abusing his position as chief minister of

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Creating Monetary Projections For Your Startup

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As a part of the settlement, Edward Jones was required to pay $seventy five million in disgorgement and civil penalties. The research overseas placement is a crucial component of your course structure … Read More