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In Fortune's coverage of the 100th anniversary of the Tulsa Race Massacre, the authors uplift stories from the community's prosperous historic growth, the two days of deadly and well-organized brutality and destruction by white people, and Black Wall Street's legacy of entrepreneurship that continues today.
Among many current Tulsa entrepreneurs profiled in the piece, Glory Wells speaks about her family's restaurant. It's located in the middle of the Greenwood Historic District, and Wells notes, "This particular location is a good fit for our family, given that we possess the entrepreneurial spirit that has always been present in this historic area." While the legacy of Black entrepreneurship in Tulsa and across the US couldn't be more robust, funding has not matched this expertise — today, Black founders receive <1% of venture capital.
Borrowing words from Lonnie G. Bunch III, Secretary of the Smithsonian Institution, "One hundred years later, Tulsa reminds me why we need history. We remember to mourn, honor, and recognize what has too often been overlooked. We remember to learn, to repair, and to renew our commitment to a more equitable, more just future. We remember to face up to and grapple with tragedy; we remember to move forward."
Other pieces we recommend reading:
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When Beth Ford became CEO of Land O’Lakes in 2018, she was the first openly gay woman to run a Fortune 500 company. In a Yahoo Finance profile, Ford notes, “[she] made it a priority to share the message that everyone benefits when we bring our authentic selves to all aspects of our lives, including work.” |
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Comparing and Assessing Impact |
The GIIN just released a new methodology to assess and compare impact investing results. This deepens the impact investing market’s ability to compare investments’ impact, helping to fill a critical gap in the industry. |
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Are There Generational Divides in ESG Investing? |
While 72% of the US population “expressed at least a moderate interest in sustainable investing,” millennials are largely the ones walking the walk. About 1/3 of millennials often or exclusively use investments that take ESG factors into account compared to much lower numbers in other generations. This difference between desire and action has been attributed to availability and access. |
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INCLUSIVE ENTREPRENEURSHIP |
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This Year’s Fortune 500 |
More than just a ranking of America's largest companies, the annual Fortune 500 list is seen as a snapshot of US business at large. So it was worth noting that this year showcased a record of 41 women CEOs as well as the first time two Black women were on the list concurrently. However, looking holistically, women accounted for only 8.1% of total CEO spots. |
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50 Changemakers Over 50 |
It was a big week for lists as Forbes also published an impressive one highlighting 50 women changemakers all over 50 years old. This coverage continues to break down stereotypes of who can be an entrepreneur. Check out our Faces of Founders work for more inspiration. |
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Video: Smart Women, Smart Power Conversation |
Jean Case joins Smart Women, Smart Power Director Beverly Kirk for a dynamic conversation about the challenges and opportunities we have coming out of the pandemic to redefine capitalism, invest in good and lift up leaders and innovators from all backgrounds. |
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Young Voices Grow Louder in Company Strategies and Values |
Millennials are increasingly driving sustainability initiatives as both decision-makers and stakeholders. Smart companies go beyond mission statements and practice what they preach to retain purpose-driven millennials as valuable employees. |
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