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Elaine Welteroth is more than a triple threat. She has stacked up an impressive work portfolio, which includes becoming a New York Times best-selling author, serving as a judge on Bravo’s hit show “Project Runway” and also as the former editor-in-chief of Teen Vogue. On top of her impressive arsenal of business ventures, Welteroth is intentional about using her platform to help others. During her time at Teen Vogue, diversity and social justice were pushed to the forefront of the outlet’s coverage, and she also created the 15 Percent Pledge encouraging major retailers to commit 15 percent of their buying power to funding Black-owned businesses. Now, Elaine Welteroth is continuing her commitment to help the BIPOC community in a new arena by partnering with investment platform Public , which AfroTech previously told you has an online community bolstering one million users with a demographic of 40 percent women and 45 percent BIPOC. The partnership will lead the future generation...
The topic of Hip-Hop and money have always gone hand in hand. Initially, rappers were seen as financially irresponsible and victims of shady record deals that often left them in a sea of debt. However, in the past decade or so more and more artists have assailed to financial freedom by venturing into fintech. Snoop Dogg is one of the latest rappers benefiting from making successful investments. According to Crunchbase, the 49-year-old LA native has investments in both of today’s most valuable startups, Klarna and Robinhood, and did so at a price way lower than its current valuation. Klarna, a financial risk management company, is Europe’s most successful startup allowing users to make break up payments with no interest. And Robinhood is a free trading platform with a growing membership rate and a near $40 billion IPO. Snoop Dogg’s investment portfolio dates back to as early as 2010, according to Crunchbase. In 2014, he was a part of a Series B for Reddit which is now valued at $6...
The world of sports has had a huge question mark over it for the last few months as coronavirus has put all things at a standstill. After the NBA announced they’d be suspending the 2019-2020 season until further notice, players were left with big decisions to make. In light of this, we witnessed many members of the league pivot toward other endeavors to occupy their time. While some turned to philanthropic efforts in their communities, others drew their focus to business ventures — including Indiana Pacers star Victor Oladipo alongside his business partner and marketing manager, James “Jay Belly” Henderson. Photo Credit: James Henderson and Victor Oladipo Under Henderson’s guidance, Oladipo has amassed an impressive and diverse investment portfolio owning several real estate holdings and significant stakes in a wide range of companies including Airbnb, Cholula Hot Sauce, Adventure Chrysler Dodge and Jeep car dealership, Overtime Sports, Genies Technology, and many more. Though his...