Sunday, April 28, 2024
04/28/2024

Silicon Valley investor dismissed racism, called BLM "the true racists"

  • by:
  • Source: Axios
  • 09/09/2021
A notable venture capitalist and board member at the public company behind iconic brands like The North Face and Timberland was dismissive of racism in the U.S. and called Black Lives Matter "the true racists," according to emails obtained by Axios.

Details: Veronica Wu was a co-lead on a fund that it once described as the largest pool of money dedicated to seed startups. She's also on the board of VF Corporation, one of the world's biggest apparel companies.
  • A spokesperson for VF Corp. declined to comment and would not comment on Wu’s behalf. Wu did not respond to emails.
Background: Wu was elected to VF Corp.’s board in 2019.
  • At the time, she was a managing partner at Hone Capital, a U.S. venture arm of China Science and Merchants Investment Management Group (also known as CSC Group).
Source: Axios
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