Bringing diversity and equity to venture capital funding
CBSN
New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. For Black women, it was a minuscule 0.3%.
Deena Shakir, a partner at venture capital firm Lux Capital, told CBSN that although women entrepreneurs have made progress when it comes to raising money, "There is still so much work to be done."
"The vast majority of venture capital firms still do not have a single woman check writer at the table," Shakir said.
Actor Richard Dreyfuss is facing backlash for allegedly sharing remarks that audience members found sexist, homophobic and generally offensive at a Q&A event over the weekend tied to a Massachusetts theater's screening of "Jaws." Dreyfuss starred in the 1975 blockbuster that was filmed in Massachusetts and screened Saturday night at The Cabot, a performing arts center in the coastal community of Beverly.
Another American who was arrested in the Turks and Caicos Islands for possessing ammunition was sentenced to time served and a $9,000 fine on Tuesday, local media reported. Tyler Wenrich was facing a potential mandatory minimum sentence of 12 years in prison for ammunition charges in the British territory.