Can Venture Capital Bridge the Wealth Gap?
With over 70 years of collective living experience in the Triangle, Tom and Keith have developed a lot of relationships in the local entrepreneurial ecosystem. I sat down with the founders of Resilient Ventures to talk about their approach to investing in minority-owned startups to address systemic wealth gaps. Why do they focus on African American founders? Less than 2% of all venture capital investment has gone to these founders. We discuss the difference between a bank loan and a venture capital investment, how they develop long-term relationships with startups seeking investment, and how they're looking to expand their next funding round. Learn more about the companies they've invested in at https://resilientventures.org/
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