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

Not exactly

[bigsexyjoe]

Our whole society is biased against black people. They are denied education, and the people in power prefer their own kind. Most people who make more than maybe $60,000 a year aren't used to interacting with black people, are afraid of them, and assume they are stupid and shouldn't be trusted. However, I have observed that some of them do like to give black people menial jobs so they can congratulate themselves though.

Re:observing a lack is not proof

[Anonymous Coward]

If your theory is correct, then the current advent of masses of cheap-to-free computers is going to boost black presence in the tech field within the next 10 years. Machines in the P-IV / AMD XP 2.nn GHz range are very common in dumpsters.

Yes, because that's where most black people get their computers these days.

Re:observing a lack is not proof

[Anonymous Coward]

OJ Simpson is black and got away with two murders. Your argument is invalid, take your pity party elsewhere.