Betting on Black Ambition—Why Diverse Founders Struggle in Getting Investment Capital

Black founders in the United States have faced a decline in venture funding since 2021, with only 0.48% of all venture dollars going to Black-led startups in 2023. This is the lowest percentage in recent history, and is down from 0.74% in the first half of 2023 to 0.13% in the third quarter. This panel will unpack the conscious and unconscious bias that impacts founders and will uncover why betting big on Black Ambition needs to happen.