Earn Your Leisure

The Fearless Fund, known for its investments in notable businesses like Slutty Vegan and Live Tinted, is now in the spotlight as it faces a lawsuit challenging its grant program aimed at supporting Black women entrepreneurs. Situated in Atlanta, this venture capital firm has dedicated $27 million to around 40 enterprises led by women of color since 2019, alongside granting an additional $3.7 million.Arian Simone, the co-founder of the Fearless Fund, stresses the dire need for systemic alterations to bridge the racial and gender disparity prevalent in venture capital financing.This unfolding legal battle commenced with a lawsuit from conservative activist Edward Blum. He asserts that the Strivers Grant Contest, which bestows $20,000 on Black female business proprietors, infringes upon the Civil Rights Act of 1866. Contrarily, Simone advocates for the overlooked potential encapsulated in investing in women of color, portraying a different narrative.In this video, we delve into the intricacies of the lawsuit, th