investment
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Meet the Company Investing $300 Million in Diverse-Led Businesses
Around 1% of VC funding goes to Black founders in America*; one financial firm wants to change that.
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DJ Envy Is Going to Teach You How to Flip Houses in New A&E Show [CORRECTED]
DJ Envy and Cesar Pina will star in Property Players, produced by Curtis ‘50 Cent’ Jackson.
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Black Woman Arrested After Charles Schwab Deposited $1.2 Million in Her Account and She Refused to Give It Back
Quavo took the Bentley back. Don’t act like you didn’t call him petty when you learned that after Saweetie broke up with one-third of the Migos and his petty-ass took the Bentley back from his then-boo. Well, keep that same energy. Charles Schwab & Co. reportedly deposited some $1.2 million into Kelyn Spadoni’s account and…
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T.I. Charged by the SEC for Investment Fraud Using Social Media, Has to Pay $75,000 in Civil Penalties
Days after he hopped on Instagram to tell people to use “all the money” they’ve gotten from the government during COVID-19 to buy property, the U.S. Securities and Exchange Commission has revealed that Atlanta rapper and frequent bloviator T.I. will have to pay the government a fat sum of money as restitution for his participation…
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Africa's the Future: Why Akon Says That African-Americans Should Invest in the Continent
“When you combine African-Americans and diaspora Africans, that unity itself is what’s gonna make Wakanda actually possible.” —Akon text After his his single “Locked Up,” Akon was determined not to be your run-of-the-mill one-hit wonder. The artist and producer had some foresight, understanding that the shelf life of an artist in a super-fickled entertainment industry…
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Chamillionaire, E-40 Join Forces to Invest in Minority Startups: 'We Have to Create More Diversity in This Industry'
While recording artist and entrepreneur Chamillionaire might be laying low these days on the Billboard charts, he’s been making plenty of noise as an angel investor. And with a portfolio that includes investments in Lyft, Ring (acquired by Amazon for $1 billion), Cruise (acquired by General Motors for $1 billion) and Maker Studios (acquired by…
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Watch: Bitcoin, Hot Take Hotline, Episode 1
Them cryptocurrencies stay hot; what of it? In the first episode of Hot Take Hotline, we take you on a bitcoin crash course. What are some of the pros and cons of the current environment, and should you consider investing? The answer depends solely on whom you place your faith in.Hot Take Hotline’s first season…
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Journalists Kicked Out of Kushner Family’s Pay-for-Play Visa Event in China
A Beijing-based correspondent for the Washington Post claimed that she and a colleague were kicked out of a “Kushner event featuring Jared’s sister.” She also says the other journalist had part of her video and audio recordings deleted. Emily Rauhala attended the event in China in which Nicole Kushner Meyer, the sister of White House…
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Ne-Yo Invests $2,300,000 Into Coding School
R&B singer and producer Ne-Yo is stepping into the tech space and has invested $2.3 million into the Holberton School for full-stack engineers. Ne-Yo hopes to help people from underrepresented groups learn to code. “Everybody knows that tech and all these things are the wave of the future,” Ne-Yo told Tech Crunch. “I just love the…


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