Hacker News new | ask | show | jobs
by AlleyRow 5917 days ago
The root of this problem is simply that there are a lack of blacks with technical backgrounds (of the high-level blacks listed in your post none of them had cs, engineering, or math degrees). If more blacks opt for technical training, the number of blacks in the startup community will grow. For those who do have an appropriate background, funding probably proves to be another barrier. All too many times, I hear of founders raising initial funding of tens of thousands of dollars from "friends and family." For obvious reasons, this is not an option for the majority of black founders.
1 comments

btw ... Russell Simmons is a co-founder of Yelp