#GoodRead | Just 4% of Female-led Startups Are Run by Black Women — I'm One of Them
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by WOCinTech Chat [CC BY 2.0], via Flickr (cropped)
"Just 4% of Female-led Startups Are Run by Black Women — I'm One of Them":
As a black woman who has worked in venture capital, raised funding, and launched startups — including my own — I know first hand that the tech world is overwhelmingly white and male. So, I also knew that the recent Project Diane report from Digital Undivided on the state of funded black female founders was never going to contain good news. And true enough, the study revealed that black women head up just 4% of women-led startups and raise an average $36,000 in funding — or about .01% of the money pulled in by the average successful startup.