100% viable, 1% visible: minority new media entrepreneurs

100% VIABLE, 1%

VISIBLE: MINORITY

NEW MEDIA

ENTREPRENEURS

by @Kiratiana

#100Viable

Source: Human Capital Venture Report 2010, CB Insights

VISIBLE

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

THE TECH

SUPERSTARS

ME

HOW DOES ONE

START A TECH

COMPANY AND GET

IT FUNDED?

2010: THE YEAR OF

THE 1% VISIBLE

MINORITY NEW MEDIA

ENTREPRENEUR

“THE ONLINE

OBSTACLE”By Allen T. Lamb, MIT MBA

AFRICAN-AMERICAN

STARTUPSRECEIVE

THE LOWEST

AMOUNT OFCAPITAL

MINORITIES ARE NOT

IN THE SILICON

VALLEY ECOSYSTEM

THERE ARE VERY

FEWMINORITIES IN

SCIENCE, TECHNOLOGY

, ENGINEERING AND MATHEMATICS MAJORS

THE RATE OF

EMPLOYMENT FOR

MINORITIES IN

SILICON VALLEY HAS

DECLINED IN THE

LAST 10 YEARS

CENSUS STATS

SHOW THAT

ENTPRENEURSHIP IS

LOOKING BETTER

FOR MINORITIES

100%

VIABLEMINORITY

NEW

MEDIAENTREPRE

NEURS

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…

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

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

“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

2011: MINORITIES

SHOULD

REACH OUT TO

INSTITUTIONS

PROMOTING

MINORITY

ENTREPENEURSHIP

MINORITY VENTURE CAPITAL FUNDING

AN ALLIANCE OF TO INCREASE

THE SUCCESS OF HIGH

GROWTH ENTERPRISES

BRIGHTER FUTURE: FOR

100% VIABLE NEW

MEDIA

ENTREPRENEURS

THANK YOU!!

THANK YOU!!

THANK YOU!!

by @Kiratiana

#100Viable