The digital business world is as lucrative as it is competitive, and many

young people are using it to their fullest advantage. According to the

Black Liberation Alliance, there is a steep generational divide in the
industry, with Black Gen Z and millennial entrepreneurs accounting
for 90% of this new demographic. Of the survey’s respondents, an
astonishing 76% are millennials, with another 12% being Gen Z. Social
media has made it even easier for these entrepreneurs to reach wide
audiences, relying on sites like TikTok and Instagram for promotional
marketing.
(LINK: https://www.blackenterprise.com/survey-digital-business-
black-entrepreneurs/)

Rashida is available in the form of a chatbot and has been meticulously

trained to offer a range of services tailored to the needs of Black
women, including facilitating connections with qualified therapists,
facilitating participation in support groups, and providing therapeutic
journal prompts for self-reflection. With an understanding of the
cultural nuances and specific experiences that Black women encounter,
Rashida will serve as a knowledgeable and empathetic companion on
the journey toward healing. The platform’s commitment to creating a
safe and inclusive environment fosters open conversations about
mental and emotional well-being, dismantling stigma, and promoting
self-care practices.
(LINK: https://www.blackenterprise.com/founder-whose-platform-
uses-ai-to-support-black-women-mentally-emotionally/)

To help startups reach investors, Phelon began to wonder “what if we

could take the most successful pitches from a VC’s perspective and
from founder outcomes, like getting the valuation they wanted or
getting funded quickly, and build a generative product that enable[s]
you to do that quickly?”

This led to Elevo, an AI-powered, pitch decker builder created at

Growth Warrior Capital. The AI tool was trained using pitch decks
from multiple databases and startup decks from other VC
companies. “You want the pitch to not tell the entire story, but you
want it just to be enough so the VC says, ‘I understand it, it matches
what we care about, and I’m intrigued,'” Phelon said.

(LINK: https://www.blackenterprise.com/new-ai-tool-help-startups-
pitch-ideas-to-investors/ )