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100% VIABLE, 1%
VISIBLE: MINORITY
NEW MEDIA
ENTREPRENEURS
by @Kiratiana
#100Viable
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Source: Human Capital Venture Report 2010, CB Insights
VISIBLE
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Source: Human Capital Venture Report 2010, CB Insights
Racial Percentage of Start Up Tech
Companies versus their representation in
the U.S. population
0%
20%
40%
60%
80%
100%
US Population (18+)
Founders
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THE TECH
SUPERSTARS
ME
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HOW DOES ONE
START A TECH
COMPANY AND GET
IT FUNDED?
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2010: THE YEAR OF
THE 1% VISIBLE
MINORITY NEW MEDIA
ENTREPRENEUR
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“THE ONLINE
OBSTACLE”By Allen T. Lamb, MIT MBA
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AFRICAN-AMERICAN
STARTUPSRECEIVE
THE LOWEST
AMOUNT OFCAPITAL
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MINORITIES ARE NOT
IN THE SILICON
VALLEY ECOSYSTEM
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THERE ARE VERY
FEWMINORITIES IN
SCIENCE, TECHNOLOGY
, ENGINEERING AND MATHEMATICS MAJORS
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THE RATE OF
EMPLOYMENT FOR
MINORITIES IN
SILICON VALLEY HAS
DECLINED IN THE
LAST 10 YEARS
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CENSUS STATS
SHOW THAT
ENTPRENEURSHIP IS
LOOKING BETTER
FOR MINORITIES
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100%
VIABLEMINORITY
NEW
MEDIAENTREPRE
NEURS
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HACK/CHANGE“It’s not that we
just want to
train more
under-
represented
groups to be
programmers.
We want those
people to have
more ideas for
companies.” SekaiFerai
Bringing tech entrepreneurship to the
margins…
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TriOutWe’ll help you explore the Triangle
“I wanted to be next big thing. I wanted us to be on Tech Crunch. I wanted us to be like gowalla.
But we are in North Carolina… We are boot strapped… Do most people outside of North Carolina care? Does the Valley care about what we do?”Wayne Sutton
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QYKNOCareer Matchmaking for Kids
“I moved to
Northern California
and relocated my
company's
operations to the
vibrant technology
ecosystem that is
Silicon Valley.”
KalimahPriforce
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“The main issue is
that we're so busy
trying to run our
business that we're
often hidden in our
caves. It's usually the
case that we are shy
about asking for
Venture Capital
funding.”
PREMIER SOCIAL MEDIAApplication Development and Brand Management through Social
Media Platforms
Ana Roca Castro
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2011: MINORITIES
SHOULD
REACH OUT TO
INSTITUTIONS
PROMOTING
MINORITY
ENTREPENEURSHIP
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MINORITY VENTURE CAPITAL FUNDING
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AN ALLIANCE OF TO INCREASE
THE SUCCESS OF HIGH
GROWTH ENTERPRISES
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BRIGHTER FUTURE: FOR
100% VIABLE NEW
MEDIA
ENTREPRENEURS
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THANK YOU!!
THANK YOU!!
THANK YOU!!
by @Kiratiana
#100Viable