New Law To Improve VC Investment In Women | Sacramento’s Office of Violence Prevention | “5000 Watts” Electric Art Show
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Sacramento Police Chief Kathy Lester speaks at City Hall on Oct. 25, 2023.
Kate Wolffe / CapRadio
New state law requires venture capitalists disclose the race and gender of companies they fund. The people behind a reduction in violent crime within the city of Sacramento. “5000 Watts” electric art show in Oak Park this weekend.
New Law To Improve VC Investment In Women
A new state law, recently signed by Governor Gavin Newsom and taking effect in 2025, has the power to shine sunlight and potentially change the way venture capitalists invest in California businesses. Historically, venture capital firms have invested in Silicon Valley companies founded by men, but this new measure will require VC’s to disclose the race and gender of the founders of the companies they fund. Hanisha Harjani is a reporter with The Fuller Project and joins us on Insight with how the law holds investors accountable.
Sacramento’s Office of Violence Prevention
Sacramento Police have reported that violent crime is down in the city by roughly 18% overall, compared to the same time last year. And a lot of credit was given to the Office of Violence Prevention– particularly the person who leads the department. Dr. Nicole Clavo was appointed to lead the department three years ago, but has long and deep ties to Sacramento. Dr. Clavo also intimately understands the pain and toll of gun violence. Her teenage son J.J. Clavo was a student-athlete at Grant Union High School. He was murdered in 2015 before the school’s football game. Dr. Clavo joins Insight with Mervin Brookins, Founder of Brother 2 Brother Mentoring, to share what’s happening on the ground that’s contributing to a reduction in violent crime, as well as the challenges that still remain.
“5000 Watts” Electric Art Show
This weekend, a free electric art show is returning to Sacramento’s Oak Park neighborhood, in a combination of creativity, arts, and technology. The event, 5000 Watts, is organized by a local nonprofit seeking to improve equity in STEAM education by providing programs to low-income and underrepresented students. Nicholas Haystings, Executive Director of the Square Root Academy, talks about how his organization’s work, as well as how 5000 Watts both supports the Academy and empowers the next generation of STEAM scholars.