Seeing that minority black founders/teams only represent on average 3% of YC batches and you're current portfolio represents almost 2/3 YC, how would you suggest a founder who just so happens to be black navigate success or an opportunity with Initialized?
Also, if warm intros are the most effective lead source for deals but most of the YC network is non-black how does that at all address the huge diversity issue thats happening in Silicon Valley that everyone swears they are attempting to fix.
Does Initialized remotely care about this? If so, what are the numbers you can show to prove it?
We absolutely do. Kim-Mai Cutler has been great here making sure that we invite a diverse set of folks to our happy hours and events. We don't track ethnicity in our portfolio but do have many Latino, Latina and African-American founders. We are gonna do more here.
Also, if warm intros are the most effective lead source for deals but most of the YC network is non-black how does that at all address the huge diversity issue thats happening in Silicon Valley that everyone swears they are attempting to fix.
Does Initialized remotely care about this? If so, what are the numbers you can show to prove it?