Ever since the June 29 Supreme Court ruling against affirmative action in universities, various sectors have been concerned about the implications to their work, from corporations concerned about supplier diversity initiatives to investors and grantmakers who have made particular efforts to support emerging fund managers and diverse entrepreneurs. And yet, as the LA Times reported, this decision “does not close the door to giving applicants extra consideration if they have suffered bias, discrimination or hardships.”
Such suffering certainly applies to many underrepresented entrepreneurs. So what are investors to do as we all seek to interpret this ruling? How can we support a racial equity agenda in an environment where it’s increasingly difficult to even talk about race?
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