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Wow - here's what I found most telling about the article: The top Highlight was this: "The real problems are things like unanimous votes at Venture Capital fi
by djrogers 10y ago
Wow - here's what I found most telling about the article: The top Highlight was this:
"The real problems are things like unanimous votes at Venture Capital firms. There is always someone who “can’t get comfortable” with the Black guy’s deal. It’s grey, and blurred, and subtle, and can always be substantiated by some facts."
And the rest of the paragraph is:
"And though this type of discrimination exists, it certainly does not leave Black entrepreneurs completely under funded and out in the cold. For example, Black women are the fastest growing group of entrepreneurs in the country — outpacing all other startups by six times the national average. This is significant, yet woefully under reported."
So the thing people want to highlight in his article are the only two sentences which fit the narrative he's trying to counter. SMH...
- frgtpsswrdlame 10y agoSimilarly, I read this really great article about the decline in black business just this morning: http://washingtonmonthly.com/magazine/marchaprilmay-2017/the-decline-of-black-business/ http://washingtonmonthly.com/magazine/marchaprilmay-2017/the... Over the same period, tens of thousands of black-owned retail establishments and local service companies also have disappeared, having gone out of business or been acquired by larger companies. Reflecting these developments, working-age black Americans have become far less likely to be their own boss than in the 1990s. The per capita number of black employers, for example, declined by some 12 percent just between 1997 and 2014. EDIT: After rereading, I realize my comment is NOT similar to the parent, actually contrary to it. I'm gonna leave it though because the Washington Monthly article actually is really good!
- tomlock 10y agoConversely, this article is one of the thousands written by black entrepreneurs that this website has chosen to upvote.
- menacingly 10y agoThis is a great point that challenges the views I brought to this thread with me.
- tomlock 10y agoI don't think there's a different comment that you could have made that would make me happier. Thank you!