I am president of Ventureneer, which specializes in defining and eliminating problems that hold underrepresented entrepreneurs back, especially minorities and women. Our work provides clients with branded research, training and content opportunities that generate thought-leadership, visibility, sales, and brand loyalty. I am a WE NYC and digitalundivided mentor as well as an advisory board member of Million Dollar Women, Women Startup Lab, and Aleri Research..
Large VCs with little to no diversity among their investment decision-makers have unconscious biases and lack the connections to diverse founders. A typical Silicon Valley VC expects to see investments from friends and family as a sign of confidence in founders. But, most Black and Brown founders don't have friends and family with money to spare to invest in their startups.Arian Simone is co-founder and CEO of the Fearless Fund, the first fund.
Noramay Cadena and Shayna Harris met at business school at MIT. While both were focused on supply chains, Cadena was concentrated in the aerospace industry and Harris food. Both wanted to do purposeful work. They discovered that both had invested in the Omson, a brand of bold, flavorful, mouth-watering Asian seasoning started by Vietnamese-American sisters. That started a discussion of how they chose investments. The Census projects that, by 2044,"As we talked about why the company [Omson] and founders were so compelling, we started to uncover the thesis for a fund [Supply Change Capital] that would be at the center section of," said Cadena.
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