5 Reasons Why the 1% Is the Worst for Entrepreneurs and Investors

5 Reasons Why the 1% Is the Worst for Entrepreneurs and Investors

I recently went to Black Tech Week in Miami and heard some great speakers that have been pioneers in the tech and investment space. During the conference an investor shared how out of all the venture capital-backed companies in the country, only 1% have African-American founders and only 8% have a woman founder (CB Insights). Wait, African-Americans make up over 13 % of the population and women make up over 50%. So why are we only in the single-digits for receiving venture capital? I think the reasons lie with both the companies and investors.

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