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

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Kiratiana Freelon gave a 12 minute presentation at South By Southwest (SXSW) about minority tech entrepreneurship. She describes the reasons why very few minorities are funded for tech entrepreneurship and profiles people who are trying to change that.

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

  1. 1. 100% VIABLE, 1% VISIBLE: MINORITY NEW MEDIA ENTREPRENEURSby @Kiratiana#100Viable<br />
  2. 2. 1%<br />VISIBLE<br />Source: Human Capital Venture Report 2010, CB Insights <br />
  3. 3. Racial Percentage of Start Up Tech Companies versus their representation in the U.S. population<br />Source: Human Capital Venture Report 2010, CB Insights <br />
  4. 4. THE TECH SUPERSTARS <br />ME<br />
  5. 5. HOW DOES ONE START A TECH COMPANY AND GET IT FUNDED?<br />
  6. 6. 2010: THE YEAR OF THE 1% VISIBLE MINORITY NEW MEDIA ENTREPRENEUR<br />
  7. 7. “THE ONLINE OBSTACLE”<br />By Allen T. Lamb, MIT MBA<br />
  8. 8. African-American StartUpsReceive the Lowest Amount ofCapital<br />
  9. 9. MINORITIES ARE NOT IN THE SILICON VALLEY ECOSYSTEM<br />
  10. 10. THERE ARE VERY FEWMINORITIES IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS MAJORS<br />
  11. 11. THE RATE OF EMPLOYMENT FOR MINORITIES IN SILICON VALLEY HAS DECLINED IN THE LAST 10 YEARS<br />
  12. 12. CENSUS STATS SHOW THAT ENTPRENEURSHIP IS LOOKING BETTER FOR MINORITIES<br />
  13. 13. 100%VIABLEMINORITY NEW MEDIAENTREPRENEURS<br />
  14. 14. HACK/CHANGE<br />Bringing tech entrepreneurship to the margins…<br />“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.” <br />SekaiFerai<br />
  15. 15. TriOutWe’ll help you explore the Triangle<br />“I wanted to be next big thing. I wanted us to be on Tech Crunch. I wanted us to be like gowalla. <br />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?”<br />Wayne Sutton <br />
  16. 16. QYKNOCareer Matchmaking for Kids<br /> “I moved to Northern California and relocated my company's operations to the vibrant technology ecosystem that is Silicon Valley.”<br />KalimahPriforce<br />
  17. 17. PREMIER SOCIAL MEDIA<br />Application Development and Brand Management through Social Media Platforms<br />“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.”<br />Ana Roca Castro<br />
  18. 18. 2011: MINORITIES SHOULD <br />REACH OUT TO INSTITUTIONS PROMOTING MINORITY ENTREPENEURSHIP <br />
  19. 19. MINORITY VENTURE CAPITAL FUNDING<br />
  20. 20. An alliance of to increase the success of high growth enterprises<br />
  21. 21. BRIGHTER FUTURE: FOR 100% VIABLE NEW MEDIA ENTREPRENEURS<br />
  22. 22. THANK YOU!!<br />THANK YOU!!<br />THANK YOU!!<br />by @Kiratiana#100Viable<br />

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