Friday, April 29, 2016
Are Entrepreneurial Institutions Practicing Ethnic Cleansing?
The problem is no matter how diverse their local demographic they seem to constantly promote one of their own. It’s an endless cycle of “I wash your hand...you wash my hand”. Always manipulating the system to help a few who fit perfectly into their mold or who has the connections or money. The reality today, there are many entrepreneurial institutions (accelerators, incubators, schools, vc, financing, private equity, etc) around the world residing in multicultural markets like New York, Chicago, San Francisco, Toronto, South Africa, ...pretty much in any major city and you can’t help but wonder how not-so-f%^|&* diverse are their workforce from junior level to senior level. How not-so-diverse are their speakers. How not-so-f%^@#^ diverse are their successful and failed founders. How not-so-f%^@#^ diverse are their experts. No founder, in the millennial generation, should tolerate and associate with entrepreneurial institutions that do not reflect their cities populations.