Early-stage venture firm Base10 Partners has raised $250 million for its second fund. Founded by managing partners Adeyemi Ajao and TJ Nahigian, it’s the largest Black-led VC fund. Based in San Francisco, Base10 previously raised $137 million in 2018 for its debut fund. The firm focuses on automation for the real economy or tools and services that benefit the 99%. The firm has made eight...
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Shein Confusion: The Fast-Fashion Giant’s New Resale Site Doesn’t Make Buying Easy
All I wanted from Shein Exchange was a plain black skirt. It was a simple enough desire, I thought, as I swiped around the fast-fashion giant’s newly launched resale platform. Scrolling through the offerings, I was bombarded with used neon crop tops, bedazzled pants and denim skirts—but my basic wardrobe staple was nowhere to be found. When it was unveiled in October, Shein Exchange...
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