4 ms·
One of the things I really like about this article is the story of Tuft & Needle. One of the biggest reasons (imo) why there are relatively few minority founder
by dcole2929 8y ago
One of the things I really like about this article is the story of Tuft & Needle. One of the biggest reasons (imo) why there are relatively few minority founders is because of the lack of access to inter-generational wealth. If you are poor or come from a poor background it's hard to build the requisite capital necessary from a friends and family round because often times they just don't have it. Now as a founder you find a way, but still it's nice seeing a success story of a company that started with only $6k. That's money that most engineers could save up relatively easily.