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From black swan memos and heart-to-hearts to not-so-subtle emails asking for on-the-record confirmations that your startup does, indeed, have revenue, investors have a lot to say about the downturn.
Yet, it’s a quieter and more realistic truth that has landed my attention as of late: For diverse founders, the downturn is nothing new. Some investors, largely those who focus on backing historically overlooked founders, say that the crackdown on tech companies isn’t impacting diverse founders as harshly as their overly funded, homogeneous counterparts because of pre-existing biases.
All Raise CEO Mandela SH Dixon, who joined the Equity podcast fresh off of her annual summit, told TechCrunch that women and racially diverse investors, founders and operators don’t have the “doom-and-gloom mentality because we are so used …
