Black and underrepresented founders must build high-net-worth networks from scratch while running their companies full-time, a burden privileged founders avoid through inherited connections worth $10k-$100k. They start further back and work harder just to reach the same starting line.
because of these issues that disproportionately affect Black entrepreneurs, underrepresented entrepreneurs, we have a heavier burden. You know, so not only do we have to run farther and harder just to get to the starting line, but once we're there, now we're having to navigate a multitude of issues while we're trying to run a company. And every founder knows that when you go and start raising capital, you can't run your company full-time. Right. So that's already a full-time job. Yeah, and then, and then, and like, and here's another thing that just kind of goes to that, you know, Harold has done a good job of building community and network, and I feel like I've done a relatively good job of that as well. But, you know, when we're coming to the table having to spend years building a high net worth network or a network that can afford to put $10,000, $20,000, $50,000, $100,000 into our startups, you know, it's a very different thing from someone who comes with that built-in, who was born with that, who, you know, has it around them by virtue of where they went to school or who their mom mom or dad is, or etc. So, you know, I just wanted to underscore that point that Harold made.
