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Anastacia Gordon

Originally posted here by Anastacia Gordon Entrepreneurship can seem like the ultimate catch 22—making progress requires funding, but progress begets funding in the first place. The average seed stage startup is worth over $5M and is bootstrapped by founders for about 2.5 years before the first venture capitalist (VC) invests money to help the business grow. Entrepreneurs of color, however, disproportionately fall short of accessing the necessary capital to achieve the initial traction above. For instance, although the total venture capital investments reached nearly $70B in the U.S. in 2016, companies led