There isn't enough enough diversity in the venture capital industry. According to 2018 data from nonprofit organization “Black-V-V” African-Americans only made up 3 percent of the VC industry and hispanics only made up 1 percent. Rashaun Williams, founding partner at Queensbridge venture fund, says the problem is largely due to the wealth gap and community approach. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV

Instead of following the Silicon Valley blueprint for seeding a startup, this thriving movement of minority angel investors are closing the wealth gap by funding building black businesses. Facebook: https://www.facebook.com/ComplexHustle/ YouTube: https://www.youtube.com/channel/UCVAWBDbI_scGDPB4kdz0e4Q Twitter: https://twitter.com/complexhustle Instagram: https://www.instagram.com/complexhustle/ Complex Hustle is a lifestyle channel for creators, entrepreneurs and young professionals navigating the new economy. Delivering daily news, expert insight and original programming – we explore all things hustle – from the corner to the corner office. It’s a platform for the leaders and change-makers of today. We sit at the intersection of media, entertainment, technology and culture. Our content covers the many stages of entrepreneurship, empowering today’s do-it-yourself generation to design the careers they want. We equip our audience with the tools and tips to create content, develop products and build businesses in the modern world.

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Dr. Donald F. Kuratko ("Dr. K") inspires you to take charge of human kind's greatest asset, the entrepreneurial mindset. Passion and energy drive the dynamic process of vision, change, and creation, leading to innovations that change our future.

In this clip the legendary entrepreneur John Henry explains how anyone can start a venture capital firm. #johnHenry #venturecapital #harlemcapital Full Episode: https://youtu.be/o38ZWUK7w9o Guest IG: @johnhenrystyle EYL University: https://www.eyluniversity.com Code for 40% annual discount: Earners EYL Website: https://www.earnyourleisure.com/