By Tony O. Lawson Darrell Spencer priced his first product line at $26. Competitors sourcing similar products overseas brought comparable alternatives to market for about […]
Category: Black Enterprise
LemFi Enters Wealth Management With Acquisition of Wealth8
By Tony O. Lawson For years, fintech companies serving immigrant communities have competed on one promise: making it easier to send money across borders. Increasingly, […]
How Two Black-owned Construction Firms Chose Acquisition to Accelerate Growth
by Tony O. Lawson A construction firm’s growth ceiling is often determined by bonding capacity: the amount of work a surety company is willing to […]
How AI Is Reshaping Wealth Management
Wealth management is entering a period where advice is becoming more expensive to deliver just as demand is accelerating. An estimated $84 trillion is expected […]
Why Congo Is Launching Its First Stock Exchange
The Democratic Republic of Congo is moving closer to establishing its first stock exchange after signing a partnership agreement with the International Finance Corporation (IFC), […]
Black-led Venture Capital Firms | Vol. 2
By Tony O. Lawson The first volume of this series focused on firms leading investments, setting terms, and building track records across seed, early-stage, and […]
TREMG News in Progress Commentary: Why Conversations About Reparations Matter Now More Than Ever
As Black Americans continue to navigate a rapidly changing political landscape, conversations surrounding reparations have become increasingly urgent. The upcoming Candid Conversations: Repairing the Past – […]
TREMG News in Progress Commentary: Why Conversations About Reparations Matter Now More Than Ever
As Black Americans continue to navigate a rapidly changing political landscape, conversations surrounding reparations have become increasingly urgent. The upcoming Candid Conversations: Repairing the Past – […]
Base10 Raises $850M, Reaches $2.6B AUM on Applied AI Thesis
By Tony O. Lawson San Francisco-based venture capital firm Base10 Partners has raised $850 million in new capital. Co-founded by Adeyemi Ajao and TJ Nahigian, the […]
James Group Crosses $1 Billion With Its First Manufacturing Acquisition
By Tony O. Lawson Detroit-based James Group has crossed $1 billion in annual revenue following its acquisition of EnovaPremier, a Louisville-based tire and wheel assembly […]