As a Latina investor, I’ve seen how young Latinx people and their sensibilities are overlooked by brands. But it’s time for VCs to pay attention.
It’s quite clear the world of venture capital has a diversity problem: Founders of color within the U.S. receive the short end of the stick when it comes to amassing venture dollars. The current VC climate is so dire that there are only 105 entrepreneurs of color who have raised at least $1 million. A big part of the issue is just how white and male the venture community remains. When a homogeneous group of investors controls most of the $136.5 billion that are invested annually, the consequences are felt beyond Silicon Valley.
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