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Celebrity backers invest in 'clean' bitcoin mining platform TeraWulf as it goes public

Celebrity backers invest in 'clean' bitcoin mining platform TeraWulf as it goes public
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Atlanta-Based VC Firm Collab Capital Closes $50 Million Inaugural Fund To Invest In Black Entrepreneurs


Collab Capital, an early-stage investment fund focused on start-ups led by Black founders, announced today the close of their inaugural $50 million fund. The fund’s mission? Build generational wealth by investing financial, human, and social capital to effectively support, grow, and sustain Black-owned innovative businesses. Limited partners include Apple, Goldman Sachs, Google, Paypal, Kapor Capital, Mailchimp and others.
“The significant investment gaps in Black-founded companies, particularly for Black women, holds everyone back,” said Jewel Burks Solomon, one of the managing partners of Collab Capital, an Atlanta-based venture capitalist firm. “ Now more than ever, the rest of the world has started to become acutely aware of what we’ve always known, Black founders deserve  consistent access to capital as much as their non-Black counterparts. Our debut $50 million fund will help to mend the long-standing gender and racial disparity and drive economic recovery for ....

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Lloyd W. Brown, II Elected Chair of The Executive Leadership Council


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WASHINGTON, Jan. 28, 2021 /PRNewswire/  Lloyd W. Brown, II, Corporate Community Reinvestment Act officer for Citigroup, has been elected chair of The Executive Leadership Council (ELC), the preeminent global membership organization for Black current and former CEOs, senior executives, and board members of Fortune 1000 and equivalent companies, top-tier entrepreneurs, and global thought leaders. The ELC s purpose is to open pathways of opportunities for senior Black executives to positively impact business and society. The organization works to increase the number of Black corporate CEOs, C-Suite executives, and board members. It is also focused on building the pipeline of the next generation of Black corporate leaders through its formal leadership development programs. ....

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