Rodney
👤 PersonAppearances Over Time
Podcast Appearances
I'm doing well, Cara. Great to meet you. Hi, Rodney.
I'm doing well, Cara. Great to meet you. Hi, Rodney.
I'm doing well, Cara. Great to meet you. Hi, Rodney.
Yeah, so Kara, Scott, I run a consulting and investment business that's really focused on increasing wealth and ownership for the bottom 90%, which Scott, I think it really resonates with you. But for years, I've worked on capital access problems facing minority entrepreneurs. For some context, Black founders receive less than 2% of all venture capital.
Yeah, so Kara, Scott, I run a consulting and investment business that's really focused on increasing wealth and ownership for the bottom 90%, which Scott, I think it really resonates with you. But for years, I've worked on capital access problems facing minority entrepreneurs. For some context, Black founders receive less than 2% of all venture capital.
Yeah, so Kara, Scott, I run a consulting and investment business that's really focused on increasing wealth and ownership for the bottom 90%, which Scott, I think it really resonates with you. But for years, I've worked on capital access problems facing minority entrepreneurs. For some context, Black founders receive less than 2% of all venture capital.
Black women receive 0.35% of venture capital. Again, that's 0.35%. The average loan to white-owned small businesses is over $30,000 higher than for non-white businesses. And on top of that, Black entrepreneurs are denied bank loans at nearly twice the rate of white entrepreneurs.
Black women receive 0.35% of venture capital. Again, that's 0.35%. The average loan to white-owned small businesses is over $30,000 higher than for non-white businesses. And on top of that, Black entrepreneurs are denied bank loans at nearly twice the rate of white entrepreneurs.
Black women receive 0.35% of venture capital. Again, that's 0.35%. The average loan to white-owned small businesses is over $30,000 higher than for non-white businesses. And on top of that, Black entrepreneurs are denied bank loans at nearly twice the rate of white entrepreneurs.
And so, as the two of you know, the American Alliance for Equal Rights has successfully sued nonprofits making grants to minority-owned businesses, arguing that these nonprofits are discriminating against white business owners.
And so, as the two of you know, the American Alliance for Equal Rights has successfully sued nonprofits making grants to minority-owned businesses, arguing that these nonprofits are discriminating against white business owners.
And so, as the two of you know, the American Alliance for Equal Rights has successfully sued nonprofits making grants to minority-owned businesses, arguing that these nonprofits are discriminating against white business owners.
So the question I have for the two of you, how do we solve this massive capital gap facing minority entrepreneurs without addressing race and racial bias in venture capital and banking?
So the question I have for the two of you, how do we solve this massive capital gap facing minority entrepreneurs without addressing race and racial bias in venture capital and banking?
So the question I have for the two of you, how do we solve this massive capital gap facing minority entrepreneurs without addressing race and racial bias in venture capital and banking?
Yeah, it continues to win.
Yeah, it continues to win.
Yeah, it continues to win.
That's right.
That's right.