The Lacey and Larkin Frontera Fund Comes To The Aid Of People Who Face Racial Discrimination

The Lacey and Larkin Frontera Fund is an organization that was started to help people who have been wrongly convicted of crimes that they did not commit, and for those who face racial discrimination on any level.

The organization was founded by Mike Lacey and Jim Larkin after they had to experience first hand what it was like to be discriminated against. People from minority communities in the United States always have to face oppression owing to the color of their skin or the place that they come from. Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/relevant-links/

The particular incident that gave rise to the Fonterra Fund happened in Phoenix, Arizona, and involved one of the country’s most well-known sheriffs. Joe Arpaio at the time was known to be one of the toughest sheriffs in the country and was responsible for putting away many illegal immigrants in the state.

However, multiple reports started surfacing that the people who he was convicted were legal citizens with a green card. However, a lot of these people belonged to the Hispanic community, and those coming from countries in South America.

Mike Lacey and Jim Larkin also belonged to this community, and we’re working with a media company at the time. They decided to publish an article on this, highlighting the injustice that was happening. In an unexpected turn of events, they were arrested a day after their report reached the public.

They were taken from their homes and put into separate vans and taken to a holding facility that was run by Joe Arpaio. They were kept there for a total period of forty-eight hours and were told what they were in for only after the period had ended. Read more: Michael Larcey | Twitter

The reason for their arrest was apparently their writing. Since America has freedom of expression, what they did could not be deemed as a valid reason for their request which is why they were released.

Having experienced his ordeal, they decided to sue Joe Arpaio for the discrimination he inflicted upon them. This also stood as a strong testament in the case against Joe Arpaio, considering that he was doing this to a lot of people in the state.

Mike Lacey and Jim Larkin ultimately won the case and got a massive compensation for the injustice caused to them. Instead of using the settlement money on themselves, the two of them decided to put it to good use and establish a fund to help people who are put in similar situations.

People who have to face this kind of injustice don’t always have the means to fight for their rights. If the individual inflicting this is an important person in the government, the fight can be even harder.

Through the fund, Mike Lacey and Jim Larkin want to give people belonging to the Hispanic community the means to be able to continue their fight against racial discrimination and injustice in the system. Since its inception, the fund has changed the lives of numerous people, bringing them the fair justice that they deserve.

Jim Tananbaum Speaks About Why Foresite Capital Funded Mindstrong Health Inc.

The startup, Mindstrong Health Inc., succeeded in raising more than $14M in the first round of capital raising. This company specializes in developing efficient and accurate digital biomarkers used in diagnosing various neuropsychiatric treatments. The company has pioneered technology which helps physicians monitor the brain’s functioning using smartphones.

Win for Mental Health

Speaking to the press, the company’s co-founder and President, Dr. Tom Insel expressed his excitement about the significant progress made possible by their innovations. The physician described the news as a positive step in the right direction as far as battling mental disorders is concerned.

Four venture capitalist companies came together to raise the $14 million in seed money for Mindstrong Health. They are:-

  • ARCH Venture Partners
  • Optum Ventures
  • The One Mind Brain Health Impact Fund
  • Foresite Capital Inc.

Meet the Staff

The firm has hired an experienced panel of experts to run the day to day affairs of the establishment. These young professionals bring an untold wealth of knowledge and skills to the table. The CEO of Foresite Capital, Jim Tananbaum hinted at the results of their clinical trials coming out very soon. Those results would irrevocably demonstrate the effectiveness of using the gadgets and gizmos developed by Mindstrong Health Inc.

Accurate Diagnosis Saves Lives

Mindstrong’s CEO, Dr. Paul Dagum, echoed the same sentiments adding how the tech company was devoted to revolutionizing the neuropsychiatric disorders realm with powerful and accurate diagnostic tools and measures. Follow Foresite Capital on Twitter.

Introducing Jim Tananbaum

Mr. Jim Tananbaum is a serial investor and technopreneur of epic proportions. Jim Tananbaum holds a spot on 2017’s Forbes List of the top 100 most influential investors. Since 2010, Jim has been associated with several high-profile tech startups focused on the medical sector. Jim’s 25-year experience has witnessed him serving as a leader in companies like Prospect Venture Partners, Jazz Pharmaceuticals, Healtheon, Amira Pharmaceuticals and the Amerigroup.

Educational Background

Jim studied Medicine at the prestigious Harvard Medical School in the late eighties. Later, Jim enrolled at Yale University to pursue twin degrees in B.S.E.E and, in Bachelor of Science. He topped his medical studies with a top honor MBA certification from Harvard’s Business College.