Why so few Latino-owned businesses get venture capital funding
In the world of venture capital, Latino-owned businesses are rarer than billion dollar unicorns.
Only about 1% of all Latino-owned businesses created between 2007 and 2012 in the U.S. received venture capital or angel investments, according to a report by the Stanford Graduate School of Business that surveyed roughly 1,800 businesses.
One big reason: Very few Latino-owned firms are even walking through the doors of venture capital firms to begin with…
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