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A venture capital firm has agreed to end a small business grant contest for Black women business owners all because salty conservatives filed lawsuits against it. It’s not a loss, however, it’s a victory, according to Fearless Fund CEO Arian Simone.
According to the Atlanta Journal-Constitution, the Fearless Fund, an organization founded by and largely run by two Black women, Arian Simone and Ayana Parsons, and the conservative American Alliance for Equal Rights — an advocacy group for angry and perpetually-aggrieved Caucasians who made an entire legal agenda out of minding Black people’s business — reached a settlement Wednesday morning.
Fearless Fund CEO Arian Simone during a 2024 rally outside the U.S. Supreme Court in Washington, D.C. Fearless Fund, a venture-capital firm run by women of color, invests exclusively in tech and consumer goods-based companies owned by women of color.Source: The Washington Post / Getty
“As of today, the Fearless Fund has permanently …