When investors focus on diversity, not just profit, new opportunities open both for their ROI and for entrepreneurs.
. This also impacts an entrepreneur's ability to get financial support from friends and family.
When the financing system is rigged against you, things need to change at the systemic level. So imagine my delight when I reconnected with a colleague, Deb Nelson, VP of client and community engagement at RSF Social Finance. RSF brings resources to underserved communities and addresses the racial wealth divide."We don't have time to wait [to change the world]," said Nelson."There's a massive intergenerational wealth transfer that is happening right now.
2018–19 fellow Stefanie Thomas, an early-stage venture investor for Impact America, started thinking about her role in flowing startup capital to, compared with the startup founder average of $1.1 million, according to ProjectDiane."Black women are no less deserving of 'I believe in you' money, and it is time we prove it."
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