Achieving Equity: Killer Mike, John Hope Bryant, & Shopify on Black Business & #BankBlack
Podcast |
Squawk Pod
Publisher |
CNBC
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
Publication Date |
Oct 20, 2020
Episode Duration |
00:33:06

Rapper, actor, and activist Michael Render, AKA Killer Mike, has launched Greenwood, a digital banking platform aimed at supporting Black and Latinx Americans who are unbanked or underserved by the traditional banking system in the U.S. He explains why support from financial institutions is critical to Black and brown America building wealth and participating fully in the economy. John Hope Bryant, CEO of Operation Hope, has launched the 1MBB initiative, an effort to create 1 million new Black-owned businesses in the next decade. Bryant is teaming up with Shopify, which has committed $130 million to the effort. Bryant and Shopify’s President Harley Finklestein discuss ways to cultivate Black entrepreneurship and improve racial equity in business. Those conversations, plus WeWork’s newest drama and America’s pandemic grooming. 

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