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Kathryn Finney Rises to the Top in the Predominantly Male Digital World

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After an investor told Kathryn Finney that he doesn’t “do black women,” the digital entrepreneur chose to take action rather than get upset.

Finney, founder of the widely successful blog, The Budget Fashionista, created digitalundivided (DID) in 2013. The goal of DID is to empower black and Latina women who are thinking about becoming entrepreneurs. Through networking, training, and funding opportunities, DID is impacting economic growth as well as these women’s personal success stories.

Finney, an honors graduate of Yale University and Rutgers University, was named one of the most influential women in tech by Inc. Magazine. Additionally, Finney is a White House Champion of Change and a prior member of the National Advisory Council on Innovation and Entrepreneurship.

Since DID was founded four years ago, it has assisted more than 2,000 women and has helped raise a whopping $25 million in investments.

In an interview with Madame Noire, Finney explains why DID is important:

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“Women of color, specifically Black and Latina women, are the fastest-growing group of entrepreneurs in the United States, creating over 80 percent of the new women-led small businesses since 2007. Yet, Black women-led startups receive less than .2 percent of all venture funding. Moreover, the average Black women-led startup raises $36,000, while the average (mostly) white male failed startup raises $1.3 million. We found that this is caused by three things: lack of network, training, and funding specifically for diverse women founders. digitalundivided bridges this digital divide by offering all three to Black and Latina women founders.”

Working in a predominantly white male field, Finney says that years ago, “diversity” wasn’t even a buzzword in the industry yet.

“There’s definitely more work that needs to be done,” she says. “Beyond paying lip service to the issue, we need more stakeholders to put their money where their mouth is. Nothing explains the need for diversity in tech better than showing the success of these diverse companies, especially when funded and when provided support and resources.”


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Business

Delta Airlines Sued for $10 Million due to Groping and Masturabation on Flight

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According to MLive, Rhonda Costigan is suing Delta for $10 million after an incident while on a flight from Myrtle Beach, SC to Detroit, MI in July 2016. Ms. Costigan reports that a man named Christopher Finkley groped her and behaved inappropriately while intoxicated aboard the flight.  Costigan claims Finkley left his assigned seat and positioned himself in the seat next to her.

She claims he rubbed her thighs and tried to place his hand up her shorts. Allegedly, flight crew was aware of this incident and did nothing to stop him while Costigan sat “frozen in terror,” as MLive reports she described in a press conference on Tuesday.

Costigan’s attorney, Jerry Acker, says, “What they should’ve done, after they found out he’s masturbating and exposing himself in first class and the stewardess went to the cabin and told the pilot, who radioed ahead to call the police. They should’ve taken the flight attendants and monitored that man and not allowed that predator to run through the cabin.”

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MLive reports that Finkley continued to masturbate upon returning to his seat for landing preparations. CBS reports that Finkley told FBI agents that touching himself is his “happy place.” Finkley originally claimed that the zipper of his shorts must have malfunctioned until additional passengers confirmed that they had witnessed him openly masturbating.

CBS reports that Costigan was offered $2,500 in travel vouchers by the airline as compensation.  Finkley reportedly was jailed for a week in March and given a fine for indecent exposure and simple assault, MLive reports.

Delta’s statement on the incident reads that “The safety and security of our customers and employees is always Delta’s top priority.”


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Tipsy Scoop: Ice Cream That Gets You Buzzed

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A new ice cream shop in New York City is serving boozy ice cream that’s strong enough to get you buzzed. The shop is called “Tipsy Scoop” and they call themselves an ice cream “barlour.” Cute, right?

Melissa Tavss, owner of Tipsy Scoop, started experimenting with alcohol-infused ice cream back when she worked as a publicist for liquor brands. While she started out just for fun, she soon realized that she had a perfected a recipe for ice cream that gets you buzzed. She decided to roll with the idea, and opened Tipsy Scoop in 2014.

At the time, the company was a wholesale retailer and only did catering. Due to the demand and the crazy amount of support she’s received, she decided to open a real psychical store.

“People were coming all the way [to East Harlem] to try [Tipsy Scoop],” she says. “We were in hairnets making ice cream, so that’s when we realized we needed a store.”

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The menu consists of delicious cocktail-inspired flavors, including Strawberry Sangria Sorbet, Mango Margarita, Red Velvet Martini, and Tequila Mexican Hot Chocolate.

All flavors of Tipsy Scoop ice cream contain around 5% alcohol, similar to that of a light beer. Of course, you must be over 21 to order the ice cream due to the fact that it contains real liquor. However, there are some virgin options on the menu.

The barlour serves the boozy ice cream in shot glasses rimmed with sprinkles. As an alternative, you can choose an ice cream sandwich or cone bowl.

Although the store just opened on May 7, it’s already attracting thousdands of people and gaining quick attention from social media.

If you don’t live in New York City and you’re super bummed that you won’t be able to try out Tipsy Scoop, don’t worry! Grocery stores around the country are starting to carry it!


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FEMALE MILLENNIALS MORE LIKELY TO STAY AT COMPANY LED BY FEMALE CEO

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Image: Investopedia.com
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When women have a highly-regarded female CEO as a role model, they are more likely to stay at their companies and more motivated to strive to rise to the top themselves.

According to The Female CEO Reputation study, female executives are significantly more likely than male executives to say that their CEOs’ reputations influence them to stay at their companies. Women who do aspire to be CEOs are more likely than their male counterparts to be Millennials and this may be because Millennials are less likely than other females to have hit glass ceilings or to have faced gender discrimination, if only because of the brevity of their experience in the workforce.

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The analysis shows that the reputational “premium” for female CEOs is a heightened responsibility to inspire future generations to rise to the highest corporate ranks. Female CEOs have a positive impact on breaking the glass ceiling and inspiring the next generation of women executives to do the same.

Source: Fortune

 


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