Yep, because in business these failures are Negro first above all else.
Successful business is product or service first, at a fair price, and ya wouldn't necessarily know or care about the color of the proprietor.
Where the profit motive is subordinated to a political agenda, failure is assured and only government subsidies can keep such enterprises afloat. That’s the PBS model.
Out of curiosity, I’ve occasionally picked up one of their papers. It’s like reading about existence on another planet. It’s a Cargo Cult with a handful of terms recycled constantly: the struggle, equality, civil rights, affirmative action, diversity, the promised land, etc. etc. No state expenditure is too large and multigenerational cradle to grave dependency is regarded as a shining success tale.
Individuals placed in obvious do-nothing race hustle-protection jobs are treated like Andrew Carnegie despite the obvious, utter lack of utility inherent in such roles.