All posts by Preta Peace Namasaba

Business

How Detroit Pistons legend Vinnie Johnson built an automotive company with nearly $3 billion in annual revenue

It is common knowledge that most athletes peak during their playing days. But for Detroit Pistons legend Vinnie Johnson, life after basketball was the start of something great. With a net worth of over $400…

By Preta Peace Namasaba June 10, 2024
News

This venture fund hopes to increase Black wealth by $100 billion by 2030

While many Black entrepreneurs have the fortitude to start a business, growing and staying in business is an uphill task. Bloomberg reports that eight out of ten Black-owned businesses fail within the first 18 months.…

Business

How Jeneé Naylor went from being a Target employee to lining the shelves of the retailer

In a full circle moment, Jeneé Naylor launched her first collection as part of Target’s Future Collective line. The designer spent 11 years as a Target employee, working her way up to the role of…

By Preta Peace Namasaba June 7, 2024
Thrive

From front desk clerk, Davonne Reaves became the youngest Black owner of a major hotel franchise

Davonne Reaves was unsure what she wanted to be when she grew up. At various points, she wanted to be an ice skater, an event planner, and a historian. It wasn’t until she worked in…

More posts by Preta Peace Namasaba

Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…

By Preta Peace Namasaba September 2, 2024
Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…

By Preta Peace Namasaba August 26, 2024
News

These 4 Black owned businesses generate over $1 billion in annual revenue each

Black business ownership is growing at the fastest pace in 30 years. According to data from the Federal Reserve’s Survey of Consumer Finances, the share of Black households owning a business has more than doubled,…

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…

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