If you look at tech and most startups, an overwhelming amount of founders come from a similar background: white, male. I don’t have the data on this but you cou

If you look at tech and most startups, an overwhelming amount of founders come from a similar background: white, male. I don’t have the data on this but you could for example make inferences from the YC summer and winter showcases. I would expect that what this helps to do is encourage participation from ethnic minorities in the US. And to your point on white people from disadvantaged socio-economic backgrounds. Sure it is good to lift all people up in society, but they certainly don’t have to face racial discrimination in the workplace or admissions pipeline. Failing to acknowledge that race is a factor in many people’s lives experiences is a failure to acknowledge systemic racism. This is an attempt to recognize that and correct that. And as other commentators have said, this by no means implies that other initiatives have to be mutually exclusive l.