Re:VCs Promised to Help Black Founders – My Experience Shows...
by econcon on Wednesday July 08, 2020 @09:04PM
(#23775992)
Problem is it's not the VC's job to help minorities. And even if one VC chooses to do so, they might make their fund less competitive compared to other funds.
We can make a simple law:
If a VC has to operate in US, they must reserve X amount for the minorities.
If VCs think it's unfair and that minorities are not good investment then VCs can figure out how to "uplift" the minorities by creating much needed programs and network for them.
We can make a simple law:
If a VC has to operate in US, they must reserve X amount for the minorities.
If VCs think it's unfair and that minorities are not good investment then VCs can figure out how to "uplift" the minorities by creating much needed programs and network for them.