The Civil Rights Movement comes to venture capital

For the last year and a half, there is only one point I’ve sought to make with my venture coverage: that the industry is not separate from sociopolitical context. That the tech industry and its backers are not separate from the economic fabric of this nation and the mores of our society.
This became evident when the American Alliance for Equal Rights (AAER) announced last week that it was suing Fearless Fund. The AAER was launched by Edward Blum, the man who helped overturn affirmative action, alleging that its race-conscious policies discriminated against Asian Americans.
AAER is accusing Fea

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