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White Venture Capitalist Loses Office Lease After Threatening To Call Police On Black Entrepreneurs

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White Venture Capitalist Loses Office Lease After Threatening To Call Police On Black Entrepreneurs

TOPLINE

A white venture capitalist in Minneapolis has had his office lease terminated after threatening to call the police on a group of black entrepreneurs who are also tenants in the building and accusing them of trespassing, in the latest filmed incident of racial profiling to go viral.

KEY FACTS

Tom Austin was filmed questioning whether the owners of Minneapolis branding agency Top Figure were allowed to use the gym of the Mozaic East building in uptown Minneapolis. The men are tenants of a WeWork in the building.

In the video, Austin is seen taking pictures or filming the entrepreneurs and saying “I’m a tenant of the building, are you?” To which the men respond: “We’re also tenants of this building.” Austin continues to question them anyway.

Austin, managing partner of F2 Group, threatened to call 911 but later called the building manager who told him the men had a lease at the building, owned by the Ackerberg Group.

One of the men later says: “As you can see, we’re dealing with racism here.” The clip was posted to the Top Figure instagram page. The team said in the caption they had been renting the office space for 1 year and a half. 

“We are sick and tired of tolerating this type of behavior on a day to day basis and we feel that we had to bring light onto this situation,” the team said in an Instagram post.

Austin later told the Minneapolis Star Tribune that he “should have handled it differently” and that it was “not my job to have done anything.” He claimed he was not being racist.

The incident comes two days after Amy Cooper was filmed calling the police on Christian Cooper, an avid birdwatcher in Central Park, after he asked her to observe the rules and put her dog on a leash.

She was fired from her job at Franklin Templeton after she threateningly told Christian, “I’m going to tell the police an African American man is threatening my life” in yet another instance of a white person calling the police on a black person unnecessarily amid rampant racial profiling and police brutality caught on camera.

 

Additional info

Stuart Ackerberg, CEO of Ackerberg Group, told the Minneapolis Star Tribune that he ended Austin’s lease after being “heartbroken” from the shocking video of a police officer kneeling on the knock of unarmed black man George Floyd on Monday, in the same city. Ackerberg told the paper: “My heart hurts. This is not how we do business…I’m alarmed by what I saw.”

Key background

Top Figure’s video went viral as elsewhere in Minneapolis protesters took to the streets for a second night over the death of Floyd at the hands of police.

Floyd died in hospital on Monday after a white police officer, Derek Chauvin, disturbingly put his knee to Floyd’s neck for eight minutes as he struggled to breathe. Four Minneapolis officers were fired, and protesters as well as Minneapolis Mayor Jacob Frey are urging prosecutors to file criminal charges against Chauvin and the other officers.

Frey said on Wednesday being “black should not be a death sentence,” while hundreds of demonstrators who gathered at the junction where Floyd died were later sprayed with tear gas, prompting clashes. Floyd’s death has drawn comparisons to the death of Eric Garner, who died after being put in a chokehold by a New York police officer in 2014.

 

Further reading

Minneapolis venture capitalist loses office lease after viral video accuses him of racial profiling (Minneapolis Star Tribune)

Four Minneapolis Police Officers Fired Following Black Man’s Death After An Officer Kneeled On His Neck (Forbes)

Minneapolis Mayor Calls For Charges Against Officer Who Knelt On George Floyd’s Neck (Forbes)

Amy Cooper Fired After Viral Central Park Video (Forbes)

Investment Fund Suspends White Woman Who Called Police On Black Man In Central Park (Forbes)

Colin Kaepernick And Other Prominent Athletes Demand Justice For George Floyd (Forbes)


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