August 11, 2017 in United States
By Ross Baird and Bryce Butler
Fewer entrepreneurs are starting companies in the US than at any time in the past thirty years.
Entire communities are being left out of the conversation— 75% of venture capital goes to three US states, less than 5% goes to women, and less than 1% goes to African Americans and Latinos.
Small changes won’t solve these problems. But big ideas just might.
In April, the Kauffman Foundation convened over 50 entrepreneurs, investors, and community leaders to discuss a trillion-dollar “Moonshot”: how would we invest $1 trillion in ways that restore the American Dream?
Today, Village Capital and Access Ventures released a report with six ideas inspired by the convening. Read it here.
Some of the ideas include:
We’ve also set up a webpage for you to add your own ideas. What would you do with $1 trillion to invest in restoring entrepreneurship in America? Tell us here.
As Victor Hwang, Vice President of Entrepreneurship at the Kauffman Foundation, said: “Only when you sketch out the future can you know what you need to do in the present.”
Ross Baird is President of Village Capital; learn more on their website orMedium page. Bryce Butler is Founder and Managing Director of Access Ventures; learn more on their website.
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