What The Fearless Fund Settlement Might Mean For The DEI's Future

  Рет қаралды 7,137

Forbes

Forbes

Күн бұрын

Пікірлер: 107
@mannythug
@mannythug Ай бұрын
I don’t understand why is no one suing back , especially if the disparity is large. There has to be some discrimination going on with the grant programs if black women are not even getting less than one percent of the funding.
@lebronsinclair8012
@lebronsinclair8012 Ай бұрын
Welcome to Amerikkka
@chiefauralist
@chiefauralist Ай бұрын
The same reason WE HAVE NO JOHNNY COCRAN"S!! We are being EDUCATED (by our OPREXXORS) to NOT ROCK THE BOAT and to BE GOOD LITTLE NINJAS! That is if we want to be made PARTNER or SECURE A JOB with "THAT" LAW FIRM.
@dimensionexo.
@dimensionexo. 26 күн бұрын
This coverage should propel the program to the Stratosphere - How do we show support *
@harmoniousfrenchman8775
@harmoniousfrenchman8775 Ай бұрын
Tie the fund to American Descendant Of Slaves as a requirement to access fund proceeds. Just like they do for American Indian grant funding. And market it as a private reparation program for slavery. Also, invite white corporations that can be identified as having directly participated in the institution of slavery (human trafficking) to make investments to the fund.
@orangemoonglows2692
@orangemoonglows2692 Ай бұрын
actually, i think ados, fba, etc., need to be recognized as an ethnic group in the u.s. - on the census, govt documents, etc. that way, you codify and establish the identity.
@sistahb5159
@sistahb5159 Ай бұрын
​@@orangemoonglows2692The OMB had a forum in which American Descendants of Slavery (ADOS), its founders Yvette Carnell, Antonio Moore & members provided excellent information. However, FBA, Freedmen etc... all former members of ADOS (who split off because they wanted to take it over & get rid of Yvette & Antonio) came in, fought & sabotaged everything. Very selfish because they couldn't have their way. Some are very suspect. Smh
@lk3397
@lk3397 Ай бұрын
Why segregate in that way? They will still help ADOS by also helping black Americans who may not be originally from American lineage but are still of the diaspora. You don’t win anything by pitting us against each other. This organization already helps majority ADOS anyway.
@lk3397
@lk3397 Ай бұрын
Why segregate in that way? They will still help ADOS by also helping black Americans who may not be originally from American lineage but are still of the diaspora. You don’t win anything by pitting us against each other. This organization already helps majority ADOS anyway.
@orangemoonglows2692
@orangemoonglows2692 Ай бұрын
@@lk3397 i don't get your comment. people want to clarify id in the same way everyone else clarifies their id. nigerians are nigerians, kenyans are kenyans, and more specifically igbo, etc. black americans just want to do what everyone else does.
@sistahb5159
@sistahb5159 Ай бұрын
The Fearless FUND should begin again for American Descendants of Slavery (ADOS) - the US 🇺🇲 Institution which is a LINEAGE, not for all Black people.
@roots1458
@roots1458 Ай бұрын
Go ahead and start one.
@lk3397
@lk3397 Ай бұрын
Why segregate in that way? They will still help ADOS by also helping black Americans who may not be originally from American lineage but are still of the diaspora. You don’t win anything by pitting us against each other.
@chiefauralist
@chiefauralist Ай бұрын
​@@lk3397 You have CUT & PASTED this exact COMMENT into every COMMENT that suggests that WE SHOULD DELINEATE [look it up] and CODIFY just how we should CONSTRUCT BUSINESS THAT CATER TO ADOS, FBA, and/or FREEDMEN. You have definitely REVEALED yourself as NON-ADOS so you can leave now because your words mean NOTHING and DO NOT HELP OUR SITUATION. Come back when you have something that will HELP OUR CAUSE!!
@Jay-Kay-Buwembo
@Jay-Kay-Buwembo Ай бұрын
Alphonso is Liberian
@starsnoireart
@starsnoireart Ай бұрын
Why not just make it for descendants of African people. Why does it have to specifically be descendants of African slaves?
@indianapapi
@indianapapi Ай бұрын
Simply restart but just don't say its specific to African American women. You operate just like 99% of silicon valley, and simply only invest in one type of group but appear that you are open to investing in all founders.
@j.dsmith9210
@j.dsmith9210 Ай бұрын
Its amazing that there is a battle over giving grants to very few people that slightly moves the needle when their are teams with an untested idea have access to BILLIONS without proving any Viability in their business.
@TommyStrategic
@TommyStrategic Ай бұрын
The goal post has been moved to accommodate “everybody.” Same reason why laws designed to prevent Black people’s nearly _entire exclusion_ from higher education, were invoked on behalf of demographic groups whose only complaint is bias in acceptance rates - at Ivy League institutions. It must be either really expensive to sustain the counterarguments, or people at the top are folding.
@chiefauralist
@chiefauralist Ай бұрын
And that is the NAME OF THE GAME!! When we BEGIN to STOP REFERRING TO OURSELVES AS "BLACK AMERICANS" [RACE] and begin to ADDRESS OURSELVES AS ADOS, FBA and/or FREEDMEN [LINEAGE], then and only then can WE BEGIN TO MOVE THE NEEDLE. [Everyone else does this; for example "LATIN HERITAGE NEED ONLY APPLY". This is telling you that YOU ARE NOT ELIGIBLE unless you can prove that you are of LATIN HERITAGE!!]
@true3067
@true3067 Ай бұрын
“black” “Black” is no longer specific. precedence has been set for lineage not “race”. we need to be cognizant of both utensils of the vernacular and how and where to employ them.
@chiefauralist
@chiefauralist Ай бұрын
WELL STATED!!
@ahmad-unlocked
@ahmad-unlocked Ай бұрын
This guy is attempting to put a spin on the settlement. It was not a win. they lose, mainly because it was poorly defended. The issue should have been about whether any affinity group, besides race, can create targeted funding. Poor lawyering.
@mendedgrace
@mendedgrace Ай бұрын
Well said
@ahmad-unlocked
@ahmad-unlocked Ай бұрын
@@mendedgrace thank you!
@harmoniousfrenchman8775
@harmoniousfrenchman8775 Ай бұрын
There is a model used for American Indians.
@ahmad-unlocked
@ahmad-unlocked Ай бұрын
@@harmoniousfrenchman8775 yes, and they are legally their own nation with special rights and relationship to the US state.
@harmoniousfrenchman8775
@harmoniousfrenchman8775 Ай бұрын
@ahmad-unlocked a There are United States government and non-governmental organizations that provide access to funding and grants based solely on a person's American Indian heritage status. This model can be applied to ADOS.
@MrDayna39
@MrDayna39 Ай бұрын
The issue with the Fearless Fund was that it was too upfront, they should have done what the dominant money lending Funds do, those Funds never declare who their funds are for, they accept all applications but disqualify mostly women of color from receiving funds. The Fearless Funds knowing that they were mainly for helping women of color who cannot get funds from anyone else, could have geared their fund to helping those women without publicly declaring it.
@queenbee4350
@queenbee4350 Ай бұрын
I've been preaching this for years. We talk too much. Say the fund is open to everyone but just give the money to Black women if that's who you really want to give it to. Don't advertise what you're going.
@lk3397
@lk3397 Ай бұрын
@@queenbee4350Then they would have lost their case. By defining it this way, they are able to show cause as to why.
@lk3397
@lk3397 Ай бұрын
Then they would have lost their case. By defining it this way, they are able to show cause as to why.
@lk3397
@lk3397 Ай бұрын
Then they would have lost their case. By defining it this way, they are able to show cause as to why.
@TommyStrategic
@TommyStrategic Ай бұрын
@@lk3397There wouldn’t have been a case, lol. Any bias that could have emerged from this “don’t tell, disqualify” policy would have been quite similar to the metrics of VC funds, except that in Black women’s favor instead of white men. When white women start such funds, they are also mainly thinking about other white women, throwing in some Black ones to look diverse. The game is so obvious, but we are so desperate to prove a point.
@ngana8755
@ngana8755 Ай бұрын
If this is a "win" as Alphonso David claims, because they shut down one program but can continue with the rest of their mission, what's to prevent the American Alliance for Equal Rights, the conservative group founded by Edward Blum that launched the suit, from suing the Fearless Fund for ALL its programs given that the premise of the original suit was to litigate against all programs that give certain groups preferential treatment?
@chiefauralist
@chiefauralist Ай бұрын
When we BEGIN to STOP REFERRING TO OURSELVES AS "BLACK AMERICANS" [RACE] and begin to ADDRESS OURSELVES AS ADOS, FBA and/or FREEDMEN [LINEAGE], then and only then can WE BEGIN TO MOVE THE NEEDLE. [Everyone else does this; for example "LATIN HERITAGE NEED ONLY APPLY". This is telling you that YOU ARE NOT ELIGIBLE unless you can prove that you are of LATIN HERITAGE!!]
@AngellBrown-t9p
@AngellBrown-t9p Ай бұрын
Thank you for this! I needed to hear this because I'm in the process of creating a charity for ADOS. To God be the glory! 🙏🏾🌈🌈🦋💜
@Lwilliams0624
@Lwilliams0624 Ай бұрын
All you people do a suesu and you can continue your grant for the various enterprises. Talk to any African they will tell u all about it.
@gambit1357
@gambit1357 Ай бұрын
You may be able to "continue the mission" but who is going to fund/finance an organization when a major pillar of the org was gutted by the Court of Appeals? What potential liabilities would this create for future Fearless Fund financiers?
@HIgodzilla.1
@HIgodzilla.1 Ай бұрын
Would it be better to turn the Fearless Fund into an organization that works to get black women founders in front of all funding and grant programs. It would be a larger pool of money to draw from. And it would push those programs to fund a greater number of black women businesses. And if the funders continue to fund 99% white businesses, that can be litigated in the courts and in the court of public knowledge.
@TommyStrategic
@TommyStrategic Ай бұрын
This is kinda the scenario that brought us here. You can’t sue people to legally force them invest in your business, so here we are.
@ellec2935
@ellec2935 Ай бұрын
They do not give us the money.
@papaix4387
@papaix4387 Ай бұрын
Exactly 0.000% of my relatives have ever gotten venture-capital money. I definitely need a fund because I am persecuted.
@FloydPhillipsII
@FloydPhillipsII Ай бұрын
Really frustrating watching weak people, discuss weak strategies, that consistently deliver weak results. Man up, COMPETE!!
@matthewcondon5187
@matthewcondon5187 Ай бұрын
Any non-white actual business professionals should be furious at these people.
@godbodyrock
@godbodyrock Ай бұрын
hmm...
@Lakersman24
@Lakersman24 Ай бұрын
Compete? Black Americans have competed for 400 years in the face of unique challenging circumstances and conditions and we are still standing. If that doesn’t show a strong competitive spirit, I’m not sure what does. Eliminate anti-black racism and let’s see what happens.
@j.dsmith9210
@j.dsmith9210 Ай бұрын
It's interesting we are told to compete when we built the system they hoard resources and favors, and we don't truly compete themselves 🤔
@FloydPhillipsII
@FloydPhillipsII Ай бұрын
@@Lakersman24 Black people are not competitive as a group AT ALL. What industry do we own and control? What's our export? We don't have one. We are largely consumers. We don't even own the businesses in our own communities. We are absolutely NOT competitive as a group.
@bauttiet.h.u.g.5900
@bauttiet.h.u.g.5900 Ай бұрын
The Fearless fund should now include black men who are also been underfunded. That would be the best path forward
@godbodyrock
@godbodyrock Ай бұрын
BOOM.POP!!!
@orangemoonglows2692
@orangemoonglows2692 Ай бұрын
black men should be the ones helping the community, not take from the work of black women who've often been dogged by black men.
@misunderstoodkj
@misunderstoodkj Ай бұрын
The thing is, they have always funded blk men. Arian Simone has explained this in other interviews.
@bauttiet.h.u.g.5900
@bauttiet.h.u.g.5900 Ай бұрын
@@misunderstoodkj didn't Goldman Sachs dedicate billions(or millions not sure on the number) to black women businesses? Not sure they did the same for black men. Based off what you said, what fund is dedicated to black men?
@gambit1357
@gambit1357 Ай бұрын
@@misunderstoodkj It seemed to me that Fearless Fund was women centric. blk women then other women of color 🤷‍♂
@DreamAgainNetwork
@DreamAgainNetwork Ай бұрын
🫡💎📈
@caribbeanradiology7004
@caribbeanradiology7004 Ай бұрын
It means lots of discrimination lawsuits will be filled moving forward!!
@ypcllc
@ypcllc Ай бұрын
This organization has too much neoliberal influence. Suspect
@camd5348
@camd5348 Ай бұрын
How much goes to indigenous Americans? Zero!!!
@sistahb5159
@sistahb5159 Ай бұрын
Indigenous are already getting reparations. This has NOTHING to do with them. They have their own fund that doesn't include Black people.
@roots1458
@roots1458 Ай бұрын
You should start one! You can direct ALL the investment you raise to indigenous Americans. Go right ahead!
@justinwyatt8
@justinwyatt8 Ай бұрын
@@roots1458just because there is disparity doesn’t mean it was caused intentionally.
@lk3397
@lk3397 Ай бұрын
How much do indigenous Americans help other groups-zero!
@camd5348
@camd5348 Ай бұрын
@@lk3397 Lol. How are they supposed to help? America took everything they had and gave them nothing. They live in concentration camps called reserves. WOW
@randallcheek4204
@randallcheek4204 Ай бұрын
DEI is systematic racism at its best!
@KemetledAfrica
@KemetledAfrica Ай бұрын
How is DEI racist, please give an example
@FloydPhillipsII
@FloydPhillipsII Ай бұрын
Imagine "pushing for equity" (1:18) when you can start a business, and immediately own and control 100% of the equity. Are our people that slow?!?! Am I in the twilight zone or something?!?!
@matthewcondon5187
@matthewcondon5187 Ай бұрын
it's as if they read off the same script.
@justinwyatt8
@justinwyatt8 Ай бұрын
You are absolutely right. Disparity doesn’t signal active bias. Disparity in all ecosystems are natural and doesn’t require intervention.
@lk3397
@lk3397 Ай бұрын
@@justinwyatt8Except the disparity with in black America is there purposely and data supports that to this day. Why is that hard for you to understand?
@justinwyatt8
@justinwyatt8 Ай бұрын
@@lk3397 what about disparities that are within our favor wherein black people are overrepresented positively? Should we also artificially skew the ecosystem based on our advantaged disparity that other ethnicities don’t benefit from?
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