Is There an Institutional Bias Against Black Tech Entrepreneurs?

An anonymous reader writes sends this excerpt from CNN: "The vast majority of top executives at the leading Silicon Valley tech firms are white men. Women and Asians have made some inroads, but African-American and Latino tech leaders remain a rarity. About 1% of entrepreneurs who received venture capital in the first half of last year are black, according to a study by research firm CB Insights. ... 'The tech industry is pretty clubby,' said Hank Williams, an African-American entrepreneur in the NewMe program who had success in the Internet boom of the 1990s. 'There are really no people of color in Silicon Valley.' Others say the issue could be rooted deep within the black community. The NewMe co-founders said African-American families don't typically encourage business leaders or programmers to pursue interests in tech."

Comments

Re:observing a lack is not proof

[Anonymous Coward]

Yeah, but you're a racist so what do you know?

Re:No people of color my ass

[fragfoo]

Ever heard of Vinod Khosla? How about legions of Asian programmers? Oh, no people of *his* color. Yeah, just another conspiracy by The Man to keep the bruthas down.

Seriously, when will this victim mentality shit ever end?

It will only end the day a black president is elected.

Hank Williams . . .

[caxis]

"said Hank Williams, an African-American entrepreneur" Seriously? Am I the only one amused by this?

Re:observing a lack is not proof

[Darinbob]

Knowing about computers doesn't make you a tech exec. Being a back stabbing SOB is what makes you an executive!