The US has no shortage of black entrepreneurs. The shortage rather is one of funding for black entrepreneurs, says Monique Woodard of 500 Startups.
Woodard, speaking at Startup Grind Cape Town last week Friday as part of a fireside chat, made the statement in response to a question from an audience member who asked why there was a shortage of black entrepreneurs.
“So, I don’t think there’s… comparatively, in the space… there’s not a huge shortage of black entrepreneurs. There’s a shortage of black entrepreneurs getting VC funding,” Woodard told the audience.
The 500 Startups representative and Black Founders co-founder expanded on…