Venture capital for Black entrepreneurs plummeted 45% in 2022, data shows [MSNBC.com]
Walmart Inc. (WMT)
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Source: MSNBC.com
In this articleBea Dixon, the CEO and co-founder of The Honey Pot CompanyCourtesy: Honey Pot CompanyIn 2016, Beatrice Dixon had finally secured a deal withTargetfeminine care productsThe CEO and co-founder of The Honey Pot Company, a vaginal-wellness brand, was faced with the "impossible" task of launching in 1,100 stores and needed funding to bring on manufacturers so she could der on the retailer's orders.She managed to secure that crucial round of financing from a fund devoted tosupporting women entrepreneurs of colorSome six years later, Dixon's products are a staple in retailers across the country."It was really hard, man, we weren't having any luck," Dixon told CNBC in a recent interview about the struggles she faced securing investors. "I don't know what would have happened if we didn't get that money."Dixon is one of many Black entrepreneurs who struggled to secure funding for their businesses and relied on venture capital financing earmarked for diverse founders. While Dixon
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News
- Walmart-Backed Ibotta Soars Over 18% After IPO [Forbes]Forbes
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- Walmart-Backed Ibotta Shares Surge 34% After $577 Million IPO [Yahoo! Finance]Yahoo! Finance
- Shares of Walmart-backed Ibotta soar 23% on public debut [Yahoo! Finance]Yahoo! Finance
- The Nasdaq Entrepreneurial Center Launches Level Up Tool [Yahoo! Finance]Yahoo! Finance
WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/2/24 - Form 4
- WMT's page on the SEC website