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presumably because you'd need to give up a lot of equity to this woman of color you hire to be the front...

i don't have high hopes for VC funds like this.. seems more like a charitable grant than venture funding..1

You don't have to have an exit if you're a bit more creative with how you extract money out of a corporation you've set up for that purpose. The most ethical is through getting a solid salary paid out to you. Least is outright embezzlement - find a front who doesn't actually have your real name, convince them that the VCs can't know that this is actually your idea so they have to hide your involvement, and disappear with the cash leaving them holding the bag.

Would you?

If minorities have a hard time to get such a job, you probably don't nees that much.

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