Founders’ Pool is challenging a more fundamental part of the startup playbook including when founders should raise, how investors measure their potential and whether AI can help build a financial system that recognizes forms of value conventional underwriting often misses.
Sony Music Publishing and Warner Chappell sued Anthropic for pirating songs to train its AI, but with $80 million in unmatched songwriter royalties already sitting unclaimed, an AI settlement alone will not fix what Black songwriters are owed.
Jeff Bezos’ family office backed five AI startups in a single month, including a $12 billion round for Prometheus, while Black founders received just 0.32% of U.S. venture funding all year. The wealth gap isn’t closing; it’s accelerating.
America’s Black billionaires represent an array of industries and business ventures, the bulk of their wealth came from the sports or entertainment industries. The people on this list are worth $54.9B combined.
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