Techstars Music is excited to welcome Right Hand Music Group. Founded by Courtney Stewart, Right Hand represents global superstar Khalid. Courtney and his team will join their investment committee effective immediately. This is their first member company owned by a person of color. When the committee forms in early December to make final evaluations of startups, Techstars will be in a much better position to ensure people of all communities are represented on both sides of the table.
In the last few months, there’s been more public discussion than ever about fairness, transparency, and opportunity in the music business.
The global music business is facing both unprecedented challenge and opportunity. Now, more than ever, we need to do our part to support entrepreneurs regardless of their cultural background, economic status or physical location.
As investors, we think this is a once-in-a-generation opportunity to build a gigantic business in music and live events. We also think it is our moral obligation to do our part (however small and specific our role may be) to start building a more equitable and diverse music business.
As a result, we’re making the following commitments:
1. Techstars Music 2021 will run entirely remote
2. Techstars Music is committed to 50% of our program CEOs being diverse
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