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/biz/ - Business & Finance

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1736616 No.1736616 [Reply] [Original]

Would you invest in this man's business?

https://wefunder.com/greenwoodproject
>The Greenwood Project, a product of Brilliant & Precise LLC, is an incubator focused on supporting and developing Black-led startups. As a place where brilliant ideas can transform into profitable, innovative companies, founders and cofounders will receive funding, mentoring and access to a strong and extensive network of advisors and peer cofounders. As investors in The Greenwood Project, you have the opportunity to make this goal a reality while potentially reaping a reward on your investment.

>For the last 83 years, white men have systematically controlled Venture Capital investments. Offering only 1% to African American founders over the last 5 years.

>> No.1736617

I love how they can do this but if i started a white only venture capital fund i would be villianized

>> No.1736619

>>1736616
if I was a billionaire id fund his faggy kickstarter, just to see how far he will get. he probably will just take the money and bail and if called out cry racism.

>> No.1736677

>>1736616
>https://wefunder.com/greenwoodproject

No. Maybe I'd consider it once they've actually produced a successful company.

>> No.1736712

>>1736617
Are there any white people left in America these days?

I swear last time I was in Los Angeles it seemed like 90% of the population was black, latino or asian.

>> No.1736911

>>1736616
This guy looks 5'4?

>> No.1736926

>invest in my shitty business
>no, my years of experience tells me it's a piece of shit
>WHAT THE FUCK YOU'RE A WHITE MALE THAT PROVES YOU'RE DENYING ME A LOAN CAUSE YOU'RE A FUCKING RACIST
hmm

It is extremely difficult to start a business even under the best of conditions with competent intelligent rational people, I wouldn't touch this with a 50 foot pole.

>> No.1736927

>>1736616
>incubator focused on supporting and developing Black-led startups.


If I was white, I would have no problems with not hiring a black guy because he's black.

'Merican Niggers deserve to get what they do to others.

>> No.1736932

>>1736616
>Would you invest in this man's business?
only if i could guarantee a return on my investment, and with no business model laid out on the page i most likely would not.

>> No.1736963

>>1736616
How ironic is it that it's going to be white people funding this

>> No.1737446

As a "brown man" father is african; mother is from a powerhouse european family.

I think this is bullshit. sounds very similar to "more woman in engineering, lets introduce quota's and get dumb bitches do shit they can't."

skill, talent and overcoming obstacle is what counts. not being a pleb crying victim 'poor me'.

>> No.1737463

>>1736617
Why would you start a white only venture fund when most of them are already white?

>> No.1737486

>>1737463

Who knows? The point is tho is that most people wouldn't look at it and go "uh well what's the point on that?". They'd look at it and react like it's the third Reich.

>> No.1737493

>>1737446
Uncle tom

>> No.1737575

>>1737463
Because claiming a race to a specific feature in society is blind racism. The ironic part is that niggers wouldn't be denigrated so often if they didn't pull shit like this incessantly.

>> No.1737707

>doesn't talk about how it will make money
>only mentions good experiences will be had and there will be opportunities for vaguely defined "start-ups"
>mentions white oppression at the end

its like they don't know start ups are a meme and have been since 2014. very very few actually make money. see everyone wants to have a fucking start up, but how do any of the make any fucking money?

>> No.1737798

>>1737446
You're a fucking sell out bro, go suck whitey cock

>> No.1738632

Can someone tell me how it's supposed to work?

>> No.1738651

WE

>> No.1738660

>>1738632
He would look for startups headed by black folks. The assumption is racism is everywhere and that is why there are so few black business owners, thus making it an untapped capital market.

However the truth is most people are ruthlessly practical with their money, it is difficult to consistently beat the market average, they will only hire on merit because it is the only rational thing to do. Whatever the reasons for racial disparity, that is not it. I for one would hire a black man or an asian or Indian or whoever I objectively determine will make me the most money. All I care about is money. Money money money. I don't see any logical reason to do otherwise.

>> No.1738663

>>1738632
Hire or lend to them, or whatever.

>> No.1738726

>>1737486
Not third reich, but slightly racist. Things like OP get off the racist hook because it's helping a less well off group. A white fund can't claim that they're helping people. Maybe if you said white single mothers. A white only venture fund is like opening a soup kitchen exclusively for middle to upper income earners.
>>1737575
It's not blind racism, blacks are generally much poorer.

>> No.1738749

From an ideological viewpoint I think it's bullshit.

However I would consider speculating some play-money on it if I thought there was a genuine "positive discrimination dollar" to tap into. Ironically this would be mostly white millennial leftists as blacks buy whatever immediately gratifies them with no thought for ethics.

>> No.1738760

>>1738726
how the fuck is that what you just said not racist?

>> No.1738806

>>1736616
Not only would I not invest, I would short with my entire life savings maxed out on leverage. Please tell me the name of the company doing this.

>> No.1738808

>>1738651
WUZ

>> No.1738811

>>1738808
KANGZ