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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

But what about those minority founders who don’t have family, friends or connections to lean on for the first $250,000? Venture funding does remain elusive , but here are some tricks for startup founders to hack the system. Realize you are up against an outdated system. These discussions then bring further biases to the surface.

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TechCrunch+ roundup: YC Demo Day faves, thrift shop VCs, cybersecurity product challenges

TechCrunch

.” VCs to recommerce startups: Let’s pop some tags Funds offering ‘friends and family’ checks could bring the change underrepresented founders need Image Credits: Overearth / Getty Images America’s long-standing wealth gap between white and Black households contributes to the lack of diversity among startup founders.

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Daily Crunch: New Twitter Blue feature will reportedly squelch 50% of ads for paid members

TechCrunch

I’ve been among the group of TechCrunchers watching pitch after pitch at Y Combinator’s Demo Day. is $3,630, but that figure soars to $79,000 for a white family. As a result, “the average Black founder raises less than around $1,000 from family and friends,” reports Dominic-Madori Davis. Well, hello there!