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by kathrynfinney
4839 days ago
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Also, I think a major issue is that startup eco-system is very much geared to specific gender, class, and race, which causes a series of institutional barriers. The system is based on how much you raise, versus how much you actually make. Remember it wasn't until the last few years (2-3 years) that women led startups were even covered. If you expand the definition of a "startup" to include tech-enabled companies, you will see a large number of companies backed by Black women, many of whom are making millions. Some quick examples are Marve Frazier at Moguldom Media (Bossip, Madame Noire), Natasha behind YBF, and even myself.
Some of us have investment, including traditional VC firm/PE, like Heather Hiles of Pathbrite, Zuhairah Scott of Kahnoodle, and some of chose not to go that route. |
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Education coupled with social norms (hence the lack of female founders from every ethnicity)is really the issue.
If you would poule together all the succesfull white tech guys and combined them into an average. Using education, upbringing, basically soc-eco background. You would get a very different guy if you compared it with the average white male in america.
Its about exposure troughout your youth especially into the STEM areas.
Also are you the Kathryn Finney ? I actually bought your book: TBF in high school I really liked it and still have it. Someone in this thread said they noticed a lot of black women (but I think women in general) are into Fashion oriented start-ups.
And that really is true ! Girls are more exposed to beauty related things and guys are more exposed to technical stuff because I guess that is what society still values.