100% Viable, 1% Visible: Minority New Media Entrepreneurs

100% VIABLE, 1% VISIBLE: MINORITY NEW MEDIA ENTREPRENEURSby @Kiratiana#100Viable

1%
VISIBLE
Source: Human Capital Venture Report 2010, CB Insights

Racial Percentage of Start Up Tech Companies versus their representation in the U.S. population
Source: Human Capital Venture Report 2010, CB Insights

THE TECH SUPERSTARS
ME

HOW DOES ONE START A TECH COMPANY AND GET IT FUNDED?

2010: THE YEAR OF THE 1% VISIBLE MINORITY NEW MEDIA ENTREPRENEUR

“THE ONLINE OBSTACLE”
By Allen T. Lamb, MIT MBA

African-American StartUpsReceive the Lowest Amount ofCapital

MINORITIES ARE NOT IN THE SILICON VALLEY ECOSYSTEM

THERE ARE VERY FEWMINORITIES IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS MAJORS

THE RATE OF EMPLOYMENT FOR MINORITIES IN SILICON VALLEY HAS DECLINED IN THE LAST 10 YEARS

CENSUS STATS SHOW THAT ENTPRENEURSHIP IS LOOKING BETTER FOR MINORITIES

100%VIABLEMINORITY NEW MEDIAENTREPRENEURS

HACK/CHANGE
Bringing tech entrepreneurship to the margins…
“It’s not that we just want to train more under-represented groups to be programmers. We want those people to have more ideas for companies.”
SekaiFerai

TriOutWe’ll help you explore the Triangle
“I wanted to be next big thing. I wanted us to be on Tech Crunch. I wanted us to be like gowalla.
But we are in North Carolina… We are boot strapped… Do most people outside of North Carolina care? Does the Valley care about what we do?”
Wayne Sutton

QYKNOCareer Matchmaking for Kids
“I moved to Northern California and relocated my company's operations to the vibrant technology ecosystem that is Silicon Valley.”
KalimahPriforce

PREMIER SOCIAL MEDIA
Application Development and Brand Management through Social Media Platforms
“The main issue is that we're so busy trying to run our business that we're often hidden in our caves. It's usually the case that we are shy about asking for Venture Capital funding.”
Ana Roca Castro

2011: MINORITIES SHOULD
REACH OUT TO INSTITUTIONS PROMOTING MINORITY ENTREPENEURSHIP

MINORITY VENTURE CAPITAL FUNDING

An alliance of to increase the success of high growth enterprises

BRIGHTER FUTURE: FOR 100% VIABLE NEW MEDIA ENTREPRENEURS

THANK YOU!!
THANK YOU!!
THANK YOU!!
by @Kiratiana#100Viable

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100% Viable, 1% Visible: Minority New Media Entrepreneurs

by Kiratiana Freelon

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