By Ebony Flake ·Updated June 9, 2024
Black-owned businesses are booming.
Contributing over $206 billion annually to the economy and supporting 3.56 million American jobs, companies like Calendly, SheaMoisture, and Esusu Financial are among over 100 Black-owned startups that have achieved unicorn status with over $1 billion-plus valuations. Multi-million-dollar acquisitions like Compass Diversified’s purchase of The Honey Pot underscore the growing economic power of Black-owned companies. While headlines celebrate these successes—as they
