Jessica: Thanks for inviting me, Spiffy! To answer your question, inequality is at an all-time high and our economy is broken. 79% of the nation's wealth is held by millionaires and billionaires. Ownership—one of the key drivers of wealth—is concentrated in the hands of business owners and investors. Systematic racism piles on top of all this, making it even harder for Black, Indigenous and other people of color to start businesses and build wealth. We need to fix the ownership gap, and give more people the chance to own and benefit from the businesses they work in, contribute to, and consume from.
Graciela: Thanks for having me, Spiffy! Caravanserai Project’s work is all about uplifting underserved communities and supporting the entrepreneurs that have historically been left behind. We uplift mission-driven entrepreneurs to not only follow their dreams but create a source of revenue, rather than being in survival mode. We do that with our Pre-Accelerator in partnership with the University of California Riverside - Extension that takes their startup or idea to the next level. We offer technical assistance through free webinars, a digital journey providing digital support, circles which is a supporting environment where mission-driven leaders have the opportunity to share ideas, consult with peers, and connect with experts with a leadership or DEI focus, and much more!
Ashley: Thanks for having me, Spiffy! I am a venture capital investor. Through Flucas Ventures, I invest money in startups (companies that are early on in their journey, but have the potential to be large, impactful companies one day). Some of the companies that are a big part of your everyday life were once startups that once upon a time needed investment from people like me to grow their business—like Uber, Snapchat, or Facebook.
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