NAACP Launches $200M Fund to Boost Diversity in Tech
NAACP partners with Kapor Capital to create a $200M fund of funds, addressing the funding gap for founders of color in the tech industry.

Jordan Vega
At the SXSW 2025 conference, Bluesky CEO Jay Graber made a bold statement with her attire, wearing a black T-shirt that read "Mundus sine caesaribus" or "a world without Caesars." While it may have seemed like a simple fashion choice at first glance, the message behind it was a clear rebuke of Meta CEO Mark Zuckerberg's autocratic approach to social media.
The inspiration behind Graber's shirt was Zuckerberg's own "Aut Zuck aut nihil" shirt, which translates to "Either Zuck or nothing." The Meta founder has been known to compare himself to Roman emperor Julius Caesar, and Graber's response was a subtle yet powerful critique of his centralized approach to social media.
Bluesky, an open-source social network, is designed to be the antithesis of Meta's centralized platform. By giving users a direct and transparent window into how the platform is built, Graber's platform is poised to challenge Meta's dominance. As Graber explained at SXSW, "If a billionaire came in and bought Bluesky, or took it over, or if I decided tomorrow to change things in a way that people really didn’t like, then they could fork off and go on to another application."
This decentralized approach has already started to bear fruit, with Bluesky experiencing bursts of user growth following Meta's controversial updates. The platform has attracted users who are disillusioned with Meta's interference in their online experience, such as training its AI on public user posts or culling its third-party fact-checking programs.
Despite Bluesky's growing popularity, it still has a long way to go to topple Meta's empire. With 3.35 billion daily active users across its products, Meta's reach is vast. However, Bluesky's 33 million users are a testament to the platform's potential, and its cultural footprint is likely to stick around.
The implications of Bluesky's decentralized approach are far-reaching. By giving users the freedom to move to alternative platforms, Graber's platform is challenging the traditional social media model. As the tech industry continues to evolve, it will be interesting to see how Bluesky's approach fares against Meta's centralized empire.
In the end, Graber's "a world without Caesars" shirt was more than just a fashion statement – it was a declaration of war against the autocratic approach to social media. As the battle for the future of social media continues, one thing is clear: Bluesky is a force to be reckoned with.
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