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August 2018

Beyond The Friends and Family Round: How To Help Diverse Founders Build Social Capital

It takes roughly $30,000 to start a business. Lots of successful entrepreneurs raise that money from friends and family. But what if the people in your network don’t have that kind of money?

If we’re going to change the ratio of venture investment going to women, African Americans and Latinx founders, then changing the social capital dynamic at the earliest stages is an important place to start.

Read on for lessons and recommendations on how to help diverse founders in your city succeed.