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Stanford Study: Latino Startups Are Growing In Numbers But Are ‘Underbanked’
An annual Stanford study — known as the State of Latino Entrepreneurship — arrived this year with its usual mix of good news and bad news for Latino entrepreneurs and their supporters.
The good news: the growth rate of Latino businesses in the US continues to outpace that of other groups. The bad news: as in previous years, the Stanford study reported that a disproportionate few of those Latino businesses are growing beyond the $1 million annual revenue mark, the Stanford threshold for a “scaled business.”…
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