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Rashidi
@problkthought_3

50,871 followers

A federal judge in Atlanta ruled Tuesday that a venture capital firm can continue offering a grant program only to Black women entrepreneurs, saying a lawsuit arguing it illegally excluded other races was not likely to succeed. Senior U.S. Judge Thomas Thrash denied a preliminary injunction that would have blocked the grants by the Atlanta-based Fearless Fund. The Fearless Fund is a tiny player in the approximately $200 billion global venture capital market, but Tuesday’s ruling was a significant victory for the firm, which has become symbolic of the fight over corporate diversity policies. The injunction was sought by the American Alliance for Equal Rights, a nonprofit founded by anti-affirmative action activist Edward Blum, the man behind the admissions cases the Supreme Court ruled on in June. Blum said the alliance plans to appeal the decision. “Our nation’s civil rights laws do not permit racial distinctions because some groups are overrepresented in various endeavors, while others are under-represented,” he said in a statement. #PanAfricanism #BlackNationalism #BlackEmpowerment #AfricanEmpowerment #AfricanAndProud #BlackAndProud #BlackPride #BlackPower #BlackLivesMatter #Amerikkka #UnapologeticallyBlack #UnapologeticallyAfrican #BlackInAmerica #BlackIsBeautiful #KnowThySelf #KnowledgeOfSelf #KnowledgeOfSelfIsANationality #EconomicEmpowerment #IntegrationFailed #WhiteLiesMatter #Education #AfricanUnification #AfricanUnity #BlackLove #JusticeOrElse #ProBlack