Reasons for VC funding gap for POC-owned startups worldwide 2020
An August 2020 survey of professionals in the tech industry revealed that 50 percent of respondents thought that POC not having the same connections or networks as their white counterparts was a reason for the gap in venture capital funding for POC-owned startups. Another 50 percent thought that a reason for the funding gap was due to POC being underrepresented at VCs.