Venture capital firms Archives

NAS Venture Capital Firm Invested in Online Pharmacy Bought By Amazon for $1 Billion

Published on July 6, 2018 in All Posts/Black Money by ShoppeBlack

When it comes to having an eye for startups, Nas knows how to pick them. PillPack, a door-to-door pharmacy service backed by the rapper’s venture capital fund, scored big last week when Amazon acquired the company for $1 billion. Amazon shared the news on June 28, with plans to finalize the deal as soon as this…

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18 Black Owned Venture Capital, Private Equity & Angel Investment Firms

Published on February 26, 2018 in All Posts/Black Money by ShoppeBlack

Less than 1% of American venture capital backed founders are Black and the percentage of Black people in decision making roles within the venture capital arena is not much higher. This lack of diversity within investment firms ultimately translates to a lack of diversity in the companies that they invest in. The good news is that there are…

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