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.
Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020
Original question: Why do you think there is a gap in venture capital
funding for POC-owned startups?
In total, 81 percent of respondents were from North America.
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TrustRadius. (September 21, 2020). Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/
TrustRadius. "Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020." Chart. September 21, 2020. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/
TrustRadius. (2020). Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/
TrustRadius. "Reasons Tech Employees Think There Is a Gap in Venture Capital Funding for Startups Owned by People of Color Worldwide as of August 2020." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/
TrustRadius, Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020 Statista, https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/ (last visited December 26, 2024)
Reasons tech employees think there is a gap in venture capital funding for startups owned by people of color worldwide as of August 2020 [Graph], TrustRadius, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1177939/tech-employees-reasons-vc-funding-gap-poc-owned-startups/
