African Americans Only 1% of Internet Start-up Founders
(Black Web 2.0) — Black Web 2.0 has written about the importance of securing funding for Internet start-ups at various stages from the great idea to contracting the know-how to build it to the launch. Private investment research firm CB Insights has released its first ever Human Capital Venture Capital report. In part one of the report, the company takes an in-depth look into characteristics of the founders of venture-backed companies including race, age and experience, and the number of founders per company. The study covers the first six months of the fiscal year (Jan-Jun 2010) and focuses on Internet companies that secured their first round of funding. To further narrow the study, the geographical locations are focused on The Big Three in Internet funding: California, Massachusetts, and New York.
- ‘The Street I Grew Up On Is Now Named After Me’ — Trailblazer Dominique Morgan On Pride, Power And Blackness
- Georgia Judge Prohibits Tiffany Haddish From Drinking And Ingesting Illegal Substances
- Xscape Talks Platinum Single, Balancing Motherhood, And Kicking Off Their Summer Tour Without Exiled Group Member LaTocha Scott [Exclusive]
