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But the Fearless Fund is a tiny player in the approximately $200 billion global venture capital market. Less than 1% of venture capital funding goes to businesses owned by Black and Hispanic women, according to the nonprofit advocacy group Digitalundivided. The lawsuit against the Fearless Fund was filed by Edward Blum, the conservative activist who filed the affirmative action cases before the Supreme Court. Fearless Fund has invested more than $2 million in Thirteen Lune, founded by Nyako Griego. The combined share of venture capital funding received by Black and Latina founders briefly surpassed 1% in 2021 before dipping back below that threshold in 2022, according to Digitalundivided.
Persons: , Arian Simone, it's, Simone, ” Simone, Fearless, Edward Blum, Blum, ” Blum, Ben Crump, Marc Rosen, Thirteen, Sephora, Kohl's, Rosen, They’re, ” Rosen, Nyako Griego, George Floyd, Morgan Chase, Associated Press Retail Writers Anne D'Innocenzio, Haleluya Hadero Organizations: Fearless Fund, Black, Associated Press, Civil, American Alliance, Equal, AP, Fund, Court, Latina, Bank of America, Mastercard, Associated Press Retail Writers Locations: Atlanta, Texas, Florida, U.S, Lune
At first glance, Maison Lune, an art gallery in the Venice neighborhood of Los Angeles, looks exactly like a home. Yes, there are paintings and ceramics on display, but there’s also a bed, a full kitchen, a bathtub. In early 2022, when Sandrine Abessera and Lubov Azria moved in, they immediately felt it was a space that needed to be shared. It was also about rethinking the typical art-viewing experience — a departure from the white-cube art gallery, said Ms. Abessera, 45, an artist and designer. “We were drawn to this idea of being an art gallery,” she said, but one “where you can sit and it’s not just a blank box.”
Persons: Maison, there’s, Sandrine Abessera, Lubov Azria, , Azria, Max Azria, Abessera, , it’s Locations: Maison Lune, Venice, Los Angeles
People walk past a JCPenney store at the Queens Center Mall in New York in 2016. The Denver Post/Getty Images Shoppers hurry across an intersection in front of a JCPenney store in Denver in 1964. Anne Cusack/The Los Angeles Times/Getty Images Customers shop at a new JCPenney store in New York in 2009. Mary Altaffer/AP A customer goes down an escalator at a JCPenney store in Westminster, Colorado, in 2009. Don Emmert/AFP/Getty Images JCPenney CEO Jill Soltau speaks during an interview in Fort Worth, Texas, in 2019.
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