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EYL #284 Can The Next Billion Dollar Social Media Platform Be Black Owned?

Earn Your Leisure

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Funding Challenges and Crowdfunding Success

The chapter explores the struggles faced by black startups in securing traditional funding and the subsequent decision to opt for equity crowdfunding. It highlights the importance of transitioning from startup to scale mode in order to meet user demands and stay competitive. The speaker emphasizes the significance of retaining ownership and generating wealth through alternative funding sources like crowdfunding in the tech industry.

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