Monday, 20 March 2023

‘Not going to beg’: why entrepreneurs of color are increasingly self-funding

‘Not going to beg’: why entrepreneurs of color are increasingly self-funding

Rechelle Balanzat, an Asian-American founder, has led her startup Juliette, a self-funded, app-enabled dry-cleaning startup since 2014. As a double minority in tech, Balanzat said she faced gender bias with investors, and also encountered investors who inflicted racial bias. Investors would often expect Balanzat to speak with an accent and if not they were amazed she could speak English, she said.
Read more: https://www.theguardian.com/business/2023/mar/12/venture-capital-funding-racial-bias?source=Snapzu

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