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Has YC ever funded a company with a Black founder?

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Re: Has YC ever funded a company with a Black founder?

#31
post #23

> I'm often the ONLY black guy in the room It's probably my European naiveté talking here, but I seriously wonder if and why that matters to you. Most of us belong to some kind of "minority" in some fashion, sometimes it's visible from the outside, sometimes not. Are things in the USA really so bad that it matters what color your skin is? Isn't tech a business of ideas anyway?

> "are things in the USA really so bad that it matters what color your skin is

Gees, do you really believe race does not matter in europe?

Re: Has YC ever funded a company with a Black founder?

#32

Black people only make up 13% of the population. [1] Most people forget this fact when judging race in a population. 1) http://en.wikipedia.org/wiki/Demographics_of_the_United_Stat...

I just realized I'm not asian, but rather white. :/

"In the US Census, people who originate from the original peoples of the East Asia, South Asia, and Southeast Asia are classified as part of the Asian race; while peoples from Siberia, Central Asia, and Western Asia are classified as "White".

Thanks for the link, though.

Re: Has YC ever funded a company with a Black founder?

#34

Earlier quoted context omitted.

I don't see the question or the discussion so far as meeting the standard for "An interesting new phenomena." It looks like something that would be better served over on Quora than on HN. It's a reasonable question, but just as many subjects--explicitly including politics--are of interest to HN's readerships but still not HN-worthy, it doesn't appear to meet the standards in the FAQ for the front page. Discussions of…

"An interesting new phenomenon" is used an exception to the rule that politics (and so forth) shouldn't be posted. In the paragraph right before that quote, we find: Anything that good hackers would find interesting. [...] anything that gratifies one's intellectual curiosity. I was at PyCon as well, and observed the exact same anecdote that the OP describes. At my company's booth, the only minorities I can think of w…

Actually, there is a standard for the front page, and "We're all smart people, and we can be trusted to make judgements" isn't it.

If it were, there would be no need for moderation. We would never need to flag posts or have moderators kill them, because the voting by the smart people making judgments would drive unworthy posts off the front page without any discussion or intervention.

There are a lot of reasons why moderation needs to trump voting, but that's probably even more OT. For now, I hope you accept that we should be smart, we should exercise our judgment, AND we should sometimes kill a discussion even if it's popular.

p.s. Of course, an argument that moderation trumps voting isn't an argument that this post needs moderation. It gratifies your intellectual curiosity, I get that. So far it doesn't gratify mine, but it could be that I have read an awful lot about this topic over the years and I would like to see an HN discussion have more to say than what I've already read on Reddit over the years, on UseNet, in editorials, and so forth.

Re: Has YC ever funded a company with a Black founder?

#35

Earlier quoted context omitted.

I don't see the question or the discussion so far as meeting the standard for "An interesting new phenomena." It looks like something that would be better served over on Quora than on HN. It's a reasonable question, but just as many subjects--explicitly including politics--are of interest to HN's readerships but still not HN-worthy, it doesn't appear to meet the standards in the FAQ for the front page. Discussions of…

"An interesting new phenomenon" is used an exception to the rule that politics (and so forth) shouldn't be posted. In the paragraph right before that quote, we find: Anything that good hackers would find interesting. [...] anything that gratifies one's intellectual curiosity. I was at PyCon as well, and observed the exact same anecdote that the OP describes. At my company's booth, the only minorities I can think of w…

[deleted]

Re: Has YC ever funded a company with a Black founder?

#36
post #23

> I'm often the ONLY black guy in the room It's probably my European naiveté talking here, but I seriously wonder if and why that matters to you. Most of us belong to some kind of "minority" in some fashion, sometimes it's visible from the outside, sometimes not. Are things in the USA really so bad that it matters what color your skin is? Isn't tech a business of ideas anyway?

> Are things in the USA really so bad that it matters what color your skin is? Isn't tech a business of ideas anyway?

Yes, things are so bad.

And it must be more than "European" naiveté if you don't believe that people naturally discriminate for people who look like them, or believe the same things as they do.

Its the nature of the human beast to not be rational.

> Isn't tech a business of ideas anyway?

Ah, but now that you mention it... most of us are hiding our faces (and ethnicities) behind our websites copy. So even a B2C company on the internet doesn't have to worry about stereotypes harming their first impressions.

Look at Justin.tv, just how many of Michael Seibel's[1] customers and clients do you think know that he is black?

[1] http://www.blackenterprise.com/2010/08/28/40-next-michael-se...

Re: Has YC ever funded a company with a Black founder?

#37
I know how you feel. I was one of 2 black students in my graduating CS class at CMU. It has never been a source of pressure/anxiety for me, but I do understand how it may affect other black students to feel like you are on your own.

As far as investors go, I doubt that they have any aversion to supporting entrepreneurs of any background. This is one industry that I would presume is more of a meritocracy than society at large. As I said on my tumblr a while back (http://bit.ly/g7jCAF) investors can see the green inside all of us :-)

There are many discussions going on about women in technology startups. The greater question is not why there aren't more founders, but why there arent more minority/female students in academia. Most of your founders are going to be a subset of those in academia anyway, so why not look at the problem closer to the source?

Re: Has YC ever funded a company with a Black founder?

#38
I'm black as well. Went to Harvard and when I graduated I worked at the Kauffman Foundation. During that summer I pitched the idea to lawyers for deferred payment on corp formation and found a technical cofounder in August.

We wound up building a pretty miz alpha because I had no clue what I actually wanted to create to solve the problem I had in mind. Got very minimal traction, worked at a quant hedge fund to bootstrap. Learned to program (LAMP + JS) during the nights and weekends, launched a beta, got basic ("this could be interesting") level traction. Pitched angels, got funded, now working on an html5 based mobile website to capture the function our users find most interesting.

In general, I haven't experienced any discrimination or racial issues as yet. To be quite frank, the most helpful people have not been my color. This surprised me quite a bit because in the finance world where I interned all throughout school there's a strong "cultural networking" focus where you are connected with multiple career mentors, some of whom were "diversity" mentors.

With regard to my venture, I took the "open" approach and told everyone my idea in hopes of bouncing it around and making it better. In so doing, I met a lot of really interesting people of all colors who have served as advisors/friends/partners to this day. The startup community seems to be very much merit based and quantitative. If you have skills, traction, etc. you'll get looks but you wont get a handout for any reason unless you hustle for it.

(You should check out black web 2.0, http://blackweb20.com they have an interesting community of people in tech.)

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