Leaked email from a Silicon Valley investor reportedly shows her blasting Black Lives Matter as 'the true racists' and saying racism isn't a real problem in the US

In leaked emails, a member of VF Corporation's board called Black Lives Matter "the true racism" in an email. Brian van der Brug / Los Angeles Times via Getty Images
According to reports, a board member of VF Corporation called Black Lives Matter "the true racism."

According to emails obtained by Axios, Veronica Wu stated that "I don’t believe in Black Lives Matter."

VF Corp houses brands such as Supreme, Vans and Timberland, Dickies and The North Face.

Check out more stories from Insider's business page.

According to a leaked email, Axios discovered that VF Corporation board member and Silicon Valley investor said last year that Black Lives Matter were "the true racists."

Veronica Wu reportedly stated in an email that she didn't believe Black Lives Matter. Axios reports that "If anything, I believe they are the true racisms trying to stir things up to make this country go to socialism and even communism potential."

Wu was at the time of the email a managing partner of Hone Capital, an American venture branch of China Science and Merchants Investment Management Group. According to Axios, her email comments were in response to a message sent by Hone's office manager indicating that Hone planned to celebrate the Juneteenth holiday in 2020.

According to Wu's LinkedIn profile, Wu is no longer employed by Hone Capital. She currently holds the position of founder and managing partner at First Bight Capital. First Bight Capital is a biotech venture capital company.

Despite the firm's stance against racism and discrimination Axios reports that VF Corporation examined Wu's email.

Wu and VF Corporation didn't immediately respond to Insider’s request for comment.

Many well-known brands like JanSport, JanSport, Dickies and Timberland are part of VF Corporation.

Many companies started speaking out against police brutality and racism after the murder of George Floyd, a Minnesota officer police officer, in response to the call for social justice.

Continue the story

Last year, VF's CEO sent a message to all VF employees in which he condemned racism.

"Racism at VF Corporation is not tolerated." Steve Rendle stated that racism is not welcome at VF Corporation. He made the statement in June to all VF employees. While we cannot create a vaccine that eradicates racism from the planet, as a company, we can lead with purpose and inspire others with our actions to break down racial or ethnic barriers and be part in creating solutions."

Business Insider has the original article.