Black Founders Matter ousts Black founder, morphs into BFM Fund – TechCrunch

Lots of pixels was released documenting the mission of Black Founders Matter, from TechCrunch arrive The New York Times.

What started in 2018 as an apparel company to raise awareness of the scarcity capital allotted to Black founders has eventually morphed into a fund and a promise to promote venture capitalists to invest in BIPOC women founders.

On May 31, a few days before the story of the commitment was published on TechCrunch, the foundation presented its founder, Marceau Michel, with a proposal to resign.

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