Venture capital's diversity problem
Business Daily
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Challenges Faced by Black Entrepreneurs in Venture Capital
This chapter delves into the struggles black entrepreneurs encounter in obtaining venture capital funding, with Nick Kelly sharing experiences of disinterest and lack of engagement from VC investors. It highlights the alarming underrepresentation of black-founded companies in venture funding, pointing out the industry's lack of diversity dominated by white males. The urgent need for systemic change and increased support for underrepresented groups in the venture capital sector is emphasized.
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