fromFast Company
1 week agoAfter George Floyd's murder, investments in Black entrepreneurs surged. But they didn't last
In 2020, the murder of George Floyd and the growing Black Lives Matter movement put a spotlight on diversity and equity issues-including in the business world. Suddenly investors were clamoring to support Black entrepreneurs, a way of course correcting a history of underinvestment and unfair barriers. In the year after Floyd's murder, a given investor was 36% more likely to invest in a Black-founded startup, and the overall share of venture capital dollars going to Black entrepreneurs grew by 43%.
Venture