Golden State Warriors superstar Kevin Durant is teaming up with a major venture capital firm to help get more people of color into Silicon Valley technology companies.
Durant, movie star Will Smith and Essence magazine publisher Richelieu Dennis have invested in a $15 million fund launched by prominent Silicon Valley venture capital firm Andreessen Horowitz, according to the Wall Street Journal on Monday. The fund, named “Culture,” will be backed by other black celebrities and media figures to address the continued lack of diversity in the tech industry, despite years of efforts by companies to address the problem.