“You cannot have a diverse ecosystem without diverse talent,” said Rodney Sampson, the inclusion and equity partner at TechSquare Labs, during a one-day diversity summit hosted by 500 Startups on June 10. Networking, self-mastery, and the endless quest for more information were three pillars promoted throughout the day for technology innovators and young entrepreneurs seeking capital and a foot in the door.
According to Sampson, less than one percent of all venture capital and angel capital goes to African Americans. With such a finite percentage of funding going to people of color, the lack of representation across the technology, startup, and private capital industries should be alarming for many. Despite the statistics, conference panelists were steadfast in the revelation for tech entrepreneurs to remain persistent and continue to network.