Jay-Z and Kapor Capital join $3 million financing of “de-carceration” startup Promise

On any given day more than 450,000 people, innocent until proven guilty, are in jail awaiting trial in the US. Those that face nonviolent charges but can’t afford bail are disproportionately black and Latino. Promise, based in Oakland, California, offers an alternative to the current bail system. It is in talks with local government to use … Continue reading Jay-Z and Kapor Capital join $3 million financing of “de-carceration” startup Promise