Too few people are determining which startups get funded

Less than 0.01% of the US population currently controls all startup funding. Out of over 300 million people in the US, there are only 40,000 venture capitalists and 300,000 angel investors.

Diverse businesses, but the same investors

Investors breakdown

White

Asian/Pacific Islander

Black or African American

Hispanic or Latino

Dominantly white; 76% - White, 17% Asian/Pacific Islander, 4% Black or African American, 5% Hispanic or Latino (VC workforce breakdown).

Female

Male

Impacting the investments in entrepreneurs

2.3%

Female entrepreneurs

1%

Female entrepreneurs of color

200

Entrepreneurs of color

4.4%

VC funding raised by entrepreneurs of color

Startups create extraordinary wealth for those able to get in on the ground floor; $100 investments became

IPO investor

$136

Startup investor

$0.13M

IPO investor

$220

Startup investor

$1.2M

IPO investor

$90

Startup investor

$0.8M