Mahesh Somashekhar
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About Mahesh
Somashekhar's research focuses on how economic development and social inequality affect one another in U.S. cities. Overarching themes in Somashekhar's writings include analyzing how communities deal with business creation and retail change in immigrant neighborhoods, gentrifying areas, and gayborhoods. Somashekhar serves a variety of community efforts. Somashekhar recently provided expert advice to a venture capitalist looking to establish a venture capital fund for minority-owned businesses.
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Shows how retail development, including growth in coffee shops and boutiques, thrives when gentrifiers are white. Shows there is hardly any additional retail growth when gentrifiers are black.
Shows how African-American business owners are unable to draw on financial and social support in the same ways that immigrant business owners can in the United States.