Reported 8 months ago
Venture capital funding for Black business owners remains disproportionately low, with just 0.48% of funds in 2023 going to Black founders, down from previous years. Daryn Dodson from Illumen Capital discusses how implicit biases in the industry contribute to this funding disparity, emphasizing the need for awareness and preparedness among minority business owners. Dodson suggests investing in fund managers who can address biases in financial markets to unlock economic opportunities within this segment. More insights and market actions can be found in the full episode of Wealth.
Source: YAHOO