Most businesses in the world today continue to be dominated by men as women CEOs do not make up a huge portion of bosses who have risen to the top. In the U.S., Silicon Valley, home to many start-ups and global technology companies, has men running affairs – mostly white and Asian men.
This leaves little space for black women who make up about 13 per cent of the female U.S. population and only four per cent of the estimated 2,200 women-led startups.
The average amount of funding a black female entrepreneur gets is $36,000. On the other hand, those generally founded by white men, raise $1.3 million, according to the CNN.
Despite the hostilities black women face in entrepreneurship, especially when it comes to fundraising, some of them have broken barriers and been able to raise as much as $1 million in outside capital.
This small but growing group of women are shaking the tech world, particularly, Silicon Valley with their initiatives. Below are some of them:
The famous Taylor Schlitz family is making headlines once more as the youngest of the…
Sony Pictures Entertainment has appointed Tahra Grant as its Chief Communications Officer. She replaces Robert…
Meet Ashley M. Fox, the founder of Empify and the first in her family to…
Tyra Banks, the iconic former host of Dancing With the Stars, has made a delightful…
A Brazilian woman named Érika de Souza, 42, is under investigation for manslaughter after authorities…
Ghana’s Asante king Otumfuo Osei Tutu II has unveiled the long-lost treasure of the kingdom…
Deion Sanders is a retired American professional football and baseball player who currently coaches at…
Tiger Woods is set to receive $100 million from PGA Tour Enterprises for his loyalty,…
Jalen Hurts, the Philadelphia Eagles' quarterback, has shown his affection for the community by contributing…
It appears Shaquille O'Neal is willing to go all the way out to pamper his…
A U.S. Army Major faces up to 240 months in prison after he was found…
In her first interview about her conviction in Russia on drug smuggling charges, WNBA star…
The beloved host of This Morning, Alison Hammond, is making headlines by selling off her…
Two high school students in Grand Rapids, Michigan, have earned a place in history. The…
Derek Floyd, a 36-year-old Fire Department of New York probationary fireman, died of a heart…