Re:VCs Promised to Help Black Founders – My Experience Shows...
by m0zg on Wednesday July 08, 2020 @05:09PM
(#23774248)
> She is not asking for money "just because" she is a woman.
That's why I asked to see the track record. You won't get anywhere in this business without a track record. Moreover, if you do have a track record being a woman is an advantage these days, not a disadvantage. There are a lot of VCs chomping at the bit to invest into women- and minority-led startups. But they won't give you money if they don't have some degree of certainty that you can do what you're promising to do.
That's why I asked to see the track record. You won't get anywhere in this business without a track record. Moreover, if you do have a track record being a woman is an advantage these days, not a disadvantage. There are a lot of VCs chomping at the bit to invest into women- and minority-led startups. But they won't give you money if they don't have some degree of certainty that you can do what you're promising to do.