🚀Less than 0.2% of VC funding goes to people of color.
👩🏿💼Less than 10% of VC funding goes to all women, people of color, and LGBTQ+.
💼Underrepresented founders face difficulties in accessing and securing venture capital.
🌍The lack of diversity in venture capital is a barrier to innovative ideas and economic growth.
💪Efforts are being made to increase representation and support underrepresented founders in the VC landscape.
What percentage of VC funding goes to people of color?
—Less than 0.2% of venture capital funding goes to people of color.
How much VC funding goes to all women, people of color, and LGBTQ+?
—Less than 10% of venture capital funding goes to all women, people of color, and LGBTQ+.
Why is there a lack of diversity in venture capital?
—The lack of diversity in venture capital comes from systemic biases and limited access to networks and resources.
How does the lack of diverse representation in venture capital affect innovation?
—The lack of diverse representation in venture capital hinders the funding and support of innovative ideas from underrepresented founders.
What is being done to address the lack of diversity in venture capital?
—Efforts are being made to increase representation by supporting and mentoring underrepresented founders, providing financial and educational resources, and raising awareness about the need for diversity in venture capital.
00:25The current landscape of venture capital funding is heavily skewed towards a lack of diversity and representation.
02:58Less than 0.2% of venture capital funding goes to people of color, while less than 10% goes to all women, people of color, and LGBTQ+.
05:47The lack of diversity in venture capital is a barrier to innovative ideas and economic growth.
09:36The systemic biases and limited access to networks and resources contribute to the lack of diversity in venture capital.
13:08Efforts are being made to address the lack of diversity in venture capital by supporting underrepresented founders and raising awareness about the need for diversity.
