PledgeLA, GRID110 Seek Black and Latinx Founders in LA
Sign up for dot.LA’s daily newsletter for the latest news on Southern California’s tech, startup and venture capital scene.Despite Black- and Latinx-led startups raising record amounts of funding in 2021, the fact remains that the startup scene—and the venture capital industry that funds it—remains overwhelmingly white. Of the $330 billion raised
0 Comments
Black and Latinx Founders, Investors Are Missing in LA Tech
While the predominantly young, white Los Angeles tech scene has made strides to improve diversity, deep inequities remain. Women earn 78 cents for every dollar made by a male tech worker. Black and Latinx investors are underrepresented at venture firms and the majority of venture investments goes toward white and Asian-owned businesses,