[shareme]

I am sorry but PG is wrong and blindsided by experiences rather than knowledge.

Look at developing countries, their shares of minorities doing start-ups is at an all-time high.

No, in fact the USA problem is directly tied to housing debt and EDU debt being too high in a specific demographic age group that happens to be the talent and the co-founder pool for start-ups in the USA. Whereas if is compared to small business starts per year you see a shift towards more minority business starts bu not a huge increase.

[dctoedt]

Not sure I understand your comment:

* The share of minorities doing startups being at an all-time high in developing countries -- are you referring to people who would be minorities here in the US but are majority in their own countries? How does that refute PG's point about the problem in the US being "upstream" of YC?

* I don't get at all what you're trying to say in your third paragraph, about the USA problem being directly tied to housing debt, etc. -- again, how does that refute PG's point?