“They weren’t getting the seed funding they needed,” Finney [research lead by Kathryn Finney with Dr. Marlo Rencher was published in “The Real Unicorns of Tech: Black Women Founders” and examined 60,000 startups 88 of which were Black women led ...] told Forbes. “We don’t have lead investors. We don’t have people willing to write that first big check.”Black women entrepreneurs only received 0.2 percent of all venture funding in the past five years. It's as if black women entrepreneurs are not seen as innovators or women who can run successful businesses.
Read more: Study Discovers Black Women Entrepreneurs Not Getting Investors