So… this is a thread and a good one… I stopped by #Silhouette in Greenwood to visit with an amazing founder Venita Cooper to talk about milestones and their current focus as part of @devlandnext’s program with Build in Tulsa, called Grow Tulsa. But wait there is more…
I learned there that Coop would be presenting at the Showcase hosted by @lightshipcap to bring attention to a few of the amazing companies that went through their accelerator. She was definitely nervous but her new company #arbit is gaining traction, so there is plenty to talk… twitter.com/i/web/status/1…
I had let @BrianBrackeen know I would be in attendance earlier that week on Twitter. But I’m sure he didn’t know what to expect.
Important Note: @lightshipcap is an important player in the Tulsa ecosystem since back in 2021 around the same time @devlandnext began building in the ecosystem. Longterm they have been sowing seeds into founders and building up Tulsa, supported by the amazing stewardship of… twitter.com/i/web/status/1…
Back to my story: Coop shares her company and news of the 4+ pilot engagements #Arbit is entering into that has already validated their #deepalgorithm fair market price research tool for the secondary sneaker market. #DataScience
Later in this same evening @BrianBrackeen makes a surprise announcement that @lightshipcap will be adding #arbit to their portfolio with an investment of $500K. So excited for Coop! Her story is powerful from Teacher -> Small Business Builder -> Venture backed founder. Tulsa,… twitter.com/i/web/status/1…
Let me break down why the language “social media” was never an accurate depiction of larger web technology context actually happening in the background after the rise of Facebook and where the web is headed next.
The term "social media" primarily arose from the behaviors present on platforms like AOL, MySpace, Black Planet, and Friendster as the survivors of the dot com era started to lose a stable heart rate.
Also I believe it was apart of a larger continuum of language use to differentiate the primary web uses from being seen as a utility but more so recreational.
The relationship between work and value is incredibly disproportionate and growing more-so in cities. We cannot pretend that cities cannot fail, that their underlying infrastructure is aligned with benefit, or that past actions will not continue to yield unintended consequences.
We should not forget how the growth of the cities was a subsidized initiative to transition workforce from agri-farm and trade work into the industrial realm and when cities failed to maintain these fixtures many cities crumbled then.
However what we are at risk of seeing is the next drastic unbundling wave to hit cities as the previous industrial era screeches to a halt. Remote jobs will not carry this economy folks. It is “virtually" impossible. Pun intended. We have already turned cities into deserts.
Wealth rarely changes location. However, currently “opportunities” are seeing the wildest redistribution to new geography. Think twice maybe 3 times if you are in the right location.
The other thing is how did we get to a place where we are moving so much junk between different locations. That has to stop also.
Neo-Slavery looks like regional wage suppression, posed as affordability, presented without offering any economic mobility. I remember being offered a 50k salary in one region of the country while my coworkers with the same title and less experience were making more than 2x that.
Wages can be used to prevent an employee from being able to find a new job. As well so can nominal cost of living wage changes that trail behind standard of living and local micro economic trends.
I don’t think you can just move anywhere blindly anymore. There are so many factors. Its not cut and dry. No such thing as a good salary. Your salary could be the setup to trap you.
Let's be very clear. Credit reporting, credit scores, credit worthiness, qualified candidacy are all forms of redlining.
Most black and brown people are over leveraged in terms of debt or have not established their credit. There is a reason why.
That is statistical regardless of financial decisions an individual may make. Therefore you should understand that if I do not historically have account history with debt products, and do not also have assets that can be used as collateral, how can I have a high credit score.
All Americans in one way or another interface with the concept of debt. It really clarifies for me the stigma people of color have around debt products. That it is are risky or unsafe. If you cannot borrow money for your benefit it will limit your potential wealth.