Now Playing:

CBX Vibe:

Capital flow for Black founders has been dwindling at the same pace as the financial community's commitment to diversify VC firms’ business portfolios. The stats are pitiful as eight out of ten venture capital firms lack any non-white representation. What's worse, Blacks still don't have a seat at the table due to racial biases. Four years ago, budding Black entrepreneurs were on the receiving end of funding reaching the heights of $850M to $1.2B. Now, startups can expect less than $324M, a major drop in financial backing, not to mention a massive blow to the unrealized revenue new Black businesses could contribute to the economy.

Are black-led ventures worth the investment?

CBX Vibe:

We live in obese world where diets have become trendy, they’re promoted everywhere, plastered right in your face. This industry of weight loss and weight management diet sector is expected to garner $295.3 billion by 2027, with people like you shelling out major coins to drop a few pounds. Is eating healthy and subscribing to the diet lifestyle really worth it for your bank account and scale?

Are you trimming your fat or your wallet?

CBX Vibe:

Historical and systemic barriers might contribute to differences in access to traditional financial resources but blacks are changing this narrative by using the available resources for their development. A recent study found that over 50% of black investors showed a higher inclination to utilize social media groups or message boards for obtaining investment information, whereas only 25% of white investors exhibited a similar preference. These tools make researching, critically assessing, and buying shares easier. 

Elevating the stock market game

CBX Vibe:

Every New Year, millions of people around the world embark on a month-long journey of self-improvement. One of the most popular initiatives is ‘Dry January’, a trend that encourages participants to abstain from alcohol for the entire month. After all, a significant portion of alcohol companies' consumer base abstaining from alcohol for an entire month could potentially lead to a significant dip in sales. While Dry January might seem like a sobering time for the alcohol industry, it's far from a financial dry spell. 

How sobriety became the golden opportunity

Adidas is stepping into some “Big Foot” money even without Ye. Way to turn up the heat with Nicki Minaj in our CBX Vibes!