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#99 The Friends & Family Gap

The Pitch

CHAPTER

Is It a Messed Up Thing to Screen For?

In a world where everybody could raise, let's call it, a hundred thousand dollars from friends and family, there's really no reason not to be all in on your own start up. For every dollar in wealth that white families have, black families have just 15 cents. And when you look at what v cs do with their money, just one % of it goes to black founders. So not only do black founders like fara sometimes struggle with finding friends and family money, venture capital can be harder to come by.

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