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Silicon Valley Bank Collapsed Despite Being ‘Woke,’ Not Because Of It

Por: Forbes Business March 19, 2023

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Greg BeckerPhoto by PATRICK T. FALLON/AFP via Getty Images The bank made an effort to reach out to Black entrepreneurs, and some fear its demise will leave a void. announced in 2020 it was putting $30 billion behind an effort to narrow the wealth gap between Black and white Americans, that didn’t mean the bank was planning to shower cash on Black neighborhoods from a hovering helicopter. It was promising to make an effort to extend existing... + full article



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