Can anyone define what "Black Owned" means?

Fan base was launched with a mission to help 👉🏾creators👈🏾, especially (but not limited to) Black creators, fully monetize all of their content, which is everything from long-form content to photos. 

“The fact that the African American community owns 👉🏾part of this company👈🏾 and Black culture contributes so much to social media, makes this the perfect marriage between our capital and our talent at the same time,” Hayes told AFROTECH in a previous interview. “This is how the platform will continue to lift 👉🏾others👈🏾 as it climbs. I, as well as FanBase, will continue to keep in mind the 👉🏾community👈🏾 that helps it become the app that it will become.” That being said, is fanbase black owned and is it for black people or just anyone? Is it funded solely by Black people or also others?