I've long wondered if this is the reason large, established companies (tech or non-tech) pour money into these seminars. It acts as a barrier to entry for small

I've long wondered if this is the reason large, established companies (tech or non-tech) pour money into these seminars. It acts as a barrier to entry for smaller competitors who don't have giant piles of cash to spend on things like this, but now they have to because, well, they don't want to be the "racist startup".