I think it's a great question and I think it could go either way. It depends on whether or not the VC community, the venture capital community, is willing to take a look at itself. The whole notion that you start with a friends and family round assumes that you have friends and family who can write sizable checks. That is not very equitably distributed across the society.
Mitch Kapor and Freada Kapor Klein, Founding Partners at Kapor Capital, discuss their book Closing the Equity Gap: Creating Wealth and Fostering Justice in Startup Investing.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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