3 ms·
as a black person in tech. this is the wrong move. what's 2m to a fund like AH. if this program is to work, they need to invest in the community i.e scholarship
by dzonga 6y ago
as a black person in tech. this is the wrong move. what's 2m to a fund like AH. if this program is to work, they need to invest in the community i.e scholarship funds or dinners etc - have people of color like me interact with VC's on the regular. my disdain for VC's as they're more like vultures these days. most people of color suffer from the lack of opportunity - n the lack of opportunity starts at a grassroots level. I have been privileged enough to be able to afford college get a CS degree, work at tech companies. not be arrested etc. but most people with the color of my skin are not. also scholarship funds need to like a machine gun - not based on some artificial merit metric.
- jjeaff 6y agoI think it's offensive. I thought surely the m was supposed to be a b. But nope, the $12B gorilla in VC launched a tiny $2.2m fund. Not even enough to fund a single round in a single company at the levels they usually fund. I hate to down a good idea. But at least make an effort. Is this all that one of the biggest VC firms on the planet can muster?