VCs are failing diverse founders; Elizabeth Warren wants to step in

Elizabeth Warren,who earlier this year confirmed her intent to run for president in 2020, has an ambitious plan to advance entrepreneurs of color.
In a series of tweets published this morning, the Massachusetts senator proposed a $7 billion Small Business Equity Fund to provide grants to Black, Latinx, Native American and other minority entrepreneurs, if she’s elected president. The initiative will be covered by her “Ultra-Millionaire Tax,” a two-cent tax on every dollar of wea