Fearless Fund’s 914-Page Brief Argues Discrimination Suit Is Baseless

Last week, Fearless Fund filed its response to a lawsuit trying to shut down its program providing $20,000 grants to Black women who lead small businesses. This lawsuit is one component of a broader campaign by lawyer Edward Blum to eliminate race as a criterion for selection in any number of areas of American society, such as universities and corporations.

You’re welcome to go read the nine hundred and fourteen-page response yourself. Or if you’d like a few hours back in your day, you may prefer this summary of the four core arguments Fearless Fund makes for why this case should be dismissed. I also add my perspective as an impact investor on some potential implications of these arguments, noting that I am not a lawyer and cannot provide legal advice.