3 ms·
> not an advantaged majority Why would they have to be both advantaged and a majority? Surely just being advantaged would suffice, and white women are also not
by SenAnder 3y ago
> not an advantaged majority
Why would they have to be both advantaged and a majority? Surely just being advantaged would suffice, and white women are also not a majority in VC funding, nor are they advantaged.
Women-funded startups received only 9% of investments - even if all of that 9% went to only white women, they would still be disadvantaged. Furthermore, 77.1% of founders were white, and 17.7% were Asian. Since whites are 57.8% of US, but Asians are 5.9%, that makes whites 1.33x over-represented, and Asians 3x over-represented.
In other words, Asians are 2.26x more likely to receive VC funding than whites, yet, without citing any data, you claimed they are less favored than whites.
Source: https://news.crunchbase.com/venture/untapped-opportunity-minority-founders-still-being-overlooked/ https://news.crunchbase.com/venture/untapped-opportunity-min...