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It's very simple. There are not many black female founders. Hence, not many black female founders get funding. For example, compare it with the number of femal
by Torwald 9y ago
It's very simple. There are not many black female founders. Hence, not many black female founders get funding.
For example, compare it with the number of female polish founders who get funding. It's even lower!
- bwent 9y agoAre the numbers not relatively significant at all?
- Torwald 9y agoIf at all they mean that black women receive comparatively speaking a lot funding - if we can trust the numbers in the TC article. But there are also a lot of factors left out. For example, geographic factors, how many startups receive funding in Poland?
- deleted 9y ago[deleted]
- gamechangr 9y agoI agree - Torwald. Well done! Few people actually even compare percentages - they prefer the absolute number (88). I'm good at math, not everybody is. If you looked at it mathematically, this subset (black female co founders) are actually very well funded. It's funny that a high funding rate is paired with an article that is trying to use the percentage value for exactly the opposite position. Who ever writes this junk needs to take a statistics class ASAP. Question: "As a black female founder I'm wondering if pursuing VC is worth the effort." Answer: Absolutely. The numbers don't appear on first glance, but they are actually on your side!!