Fearless Fund cofounders Ayana Parsons and Arian SimoneFearless FundVC firm Fearless Fund is being sued by the group behind the Supreme Court affirmative action case.The conservative group claims a grant program run by Fearless Fund is racially discriminatory.The lawsuit is the latest action intended to challenge and scale back corporate DEI initiatives.
There's A Brewing Backlash Against Dei In Corporate America — And A Venture Capital Fund Getting Sued For Racial Bias Is N
vpersaud@insider.com (Vishal Persaud), Business Insider
Fri, 08/11/2023 - 7:57am
Topics: what i arian simonefearless fundvc minneapolis dei-themed paypal atlanta-based american alliance equal rights edward blum us supreme civil rights act arian simone bank costco mastercard eghosa omoigui echovc yasmin cruz ferrine visible hands netflix disney warner the wall street journal pew research center july fortune microsoft coca-cola walmart black vcs techcrunch august business insider fearless fund ayana parsons vc supreme court in george floyd dei america mastercard black us us ferrine wall street journal bros sued diversity firm funding underrepresented founders equity led group nonprofit stepped officer million wrote work chief reported ruling discovery women
BING NEWS:
- What DEI funders should know about risk after the Fearless Fund decision
The case didn’t officially set a precedent, but lawyers say this kind of anti-DEI litigation is ongoing, and it often prevails.
10/18/2024 - 12:39 am | View Link - Racism was called a health threat. Then came the DEI backlash.
A growing number of institutes exploring the nexus between racism and health — and their researchers — are under attack.
10/11/2024 - 1:00 am | View Link - Companies Are Scrapping or Rolling Back DEI Grants
UBS has stopped giving out $25,000 grants directed at businesses led by women of color. A PepsiCo program to help Hispanic startups no longer requires them to be Hispanic-owned. Progressive dropped ...
10/9/2024 - 5:02 pm | View Link - More
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