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I think the issue stems from how this is reported. Too much focus on race and gender and not enough focus on the real world. These articles focus 100% on the racial politics rather than on why a VC would invest in a company in the first place. Even saying "the typical startup, typically founded by a white male, that typically fails." ... The reality is, upwards of 80% of all companies, not just startups, fail within the first year of operation, it's not a black vs white, male vs female issue. It's simply a combination of questions about the quality of the founders, the quality of the product, the quality of their marketing, the overall environment and a hundred other factors. "... examined over 60,000 startups and identified just 88 led by black women... " and then go on to complain about how little money was raised from VCs without mentioning that 99.95% of all startups period, regardless of who is in charge, gets no VC funding https://www.forbes.com/sites/dileeprao/2013/07/22/why-99-95-... So to answer your question, first replace the "as a black female founder" with just "as a founder ...". Focus on your product 100%, focus on improving it, focus on your users. That is the only thing you should be focusing on. And only after you have a good product vision (or ideally an already built product, even if just an MVP), only after you're seeing promising growth or at least plenty of interest in your key demographics, can you start thinking about VCs. If I was to invest in any company, the only things I would look at is their numbers, their vision, and their skillsets. Ultimately the race, gender, orientation or any other such things, would never come into the equation. I am curious, anything you could share about your business? Anything we could read? Cheers |