Watch | Closing the Venture Capital Investment Gap to Drive Innovation
Recent reports reveal that diverse entrepreneurs, particularly women and people of color, receive lower levels of VC funding. A Morgan Stanley study noted that if diverse entrepreneurs received the same percentage of labor force and investments as traditional startups, their business would account for $6.8 trillion in gross receipts, three times the current output. Systemic barriers to funding and lack of diversity in VC partners creates this trillion-dollar economic gap.
This panel dove into disparities affecting underrepresented founders, ways venture capital firms are working to bridge the economic gap and how the tech industry can overcome the challenge.
Watch the full conversation below.
- Bob Struble, CEO, Directed
- Tiffany Moore, SVP of Political and Industry Affairs, CTA
- Marlon Nichols, Managing General Partner, MaC Venture Capital
- Moderator: Heba Mahmoud, Senior Manager of Diversity Initiatives, CTA