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Book Excerpt: ‘Better Venture’ looks at how the current venture model connects to the slave trade

TechCrunch LogoTechCrunch2 mo ago

Book Excerpt: ‘Better Venture’ looks at how the current venture model connects to the slave trade - TechCrunch

Quick Summary:

"Better Venture" looks at VC's past and proposes new ways of thinking about startup fundraising.

Britain officially abolished the African slave trade in 1807, yet Britain and much of Europe continued to fund slavery in the United States until the 1860s.

The proceeds of these compensation payments were then used to make investments in railroads, railways, and slave-backed mortgage bonds that provided significant returns and the intergenerational wealth that those associated with the enslavement of people indigenous to Africa and the Americas have benefited from ever since.


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Article Details

Author / Journalist: Dominic-Madori Davis

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-30 @ 18:00:55 (2 months ago)

News Timezone: GMT -5:00

Ranking: #2115 (out of 6621 stories this day)

News Source URL: techcrunch.com

Language: English

Article Length: 1958 words

Reading Time: 11 minutes read

Sentences: 72 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 2063801

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