How Ending a Grant for Black Women Made it Harder to Destroy DEI

Fearless Fund, an Atlanta-based venture capital firm focused on financing women of color, announced it will close a program for Black female entrepreneurs after settling with anti-affirmative action activist Edward Blum.

At first glance, it reads like a clear cut win for Blum — after over a year of litigation, Fearless Fund got rid of the $20,000 grant initiative for Black women that the conservative legal activist argued was discriminatory and should be open to everyone.