Re:The only startup founders who can embrace failure are the...
by Aenima on Saturday September 03, 2016 @03:06PM
(#12420574)
I agree with the gender disparity, but not race. The Kaufman Index of Startup Activity claims that more startups are from male entrepreneurs than female ones, but white entrepreneurs account for a lower portion of startups in 2014 than 1996.
The author cites studies on self employment in the United States. I think there is a difference between being self employed and an entrepreneur. For example, I can be a self employed contractor, but not aiming to grow a business as an entrepreneur would.
When it comes to tech startups I could see the industry remaining white and male dominated. Access to angel investors and VCs from a privileged network increases the probability of obtaining funding for a new company. This is especially helpful as more tech entrepreneurs are in school or recent graduates. If I am around college age trying to get a tech startup off the ground, can I find an investor without existing social contacts? Yes, but it will be much more difficult for me than the kid with the contacts.
The author cites studies on self employment in the United States. I think there is a difference between being self employed and an entrepreneur. For example, I can be a self employed contractor, but not aiming to grow a business as an entrepreneur would.
When it comes to tech startups I could see the industry remaining white and male dominated. Access to angel investors and VCs from a privileged network increases the probability of obtaining funding for a new company. This is especially helpful as more tech entrepreneurs are in school or recent graduates. If I am around college age trying to get a tech startup off the ground, can I find an investor without existing social contacts? Yes, but it will be much more difficult for me than the kid with the contacts.