Dark
Light
Today: September 23, 2024
June 7, 2024
1 min read

Victory for the White Grievance Industry: A Powerful Outcome





TLDR:

Key points:

  • A group called The American Alliance for Equal Rights (AAER) sued the Fearless Fund, challenging their program that awards grants to businesses owned by Black women
  • The lawsuit argued that the grant program violated civil rights laws and was successful in suspending the program

Judd Legum’s article delves into the recent legal battle between The American Alliance for Equal Rights (AAER) and the Fearless Fund, a program that provides grants to businesses owned by Black women. The article highlights the disparity in venture capital funding for Black women-owned businesses and how some groups believe that programs like the Fearless Fund’s grant contest are unfair.

The AAER, led by president Edward Blum, argues that initiatives like the Fearless Fund’s grant program violate civil rights laws by providing benefits based on race. Despite pushback from civil rights groups and courts, AAER has seen success in challenging programs that aim to support minority-owned businesses.

Recent legal victories, including a federal appeals court decision, have suspended the Fearless Fund’s grant program, sparking a debate on the interpretation of civil rights laws and their application in cases of discrimination against minority groups. The article also highlights a similar lawsuit filed by AAER against the Smithsonian Institution’s National Museum of the American Latino, further showcasing the group’s efforts to combat what they see as “pro-Latino discrimination.”

Overall, the article sheds light on the ongoing battle between organizations advocating for equal rights and those challenging initiatives designed to support marginalized communities, ultimately framing it as a victory for what Legum refers to as the “white grievance industry.”


Previous Story

Empowering Africa: Building a Strong Network of Angel Investors

Next Story

Record Breaker: Female Founders Score Big in 2023 VC Funding

Latest from Blog

Growing Cerity Partners: Merging with $15B VC Firm

TLDR: Cerity Partners merges with Touchdown Ventures, expanding venture capital capabilities Merge will enhance offerings to corporations and businesses, as well as private clients Cerity Partners, an independent wealth management firm, has
Go toTop