Edward Avila was a Silicon Valley tech veteran when he launched his first startup a few years ago. As he made the rounds at networking events, though, he noticed something jarring.
He’s not far off: Numbers from venture capital clearinghouse CB Insights indicate less than 1 percent of venture-backed startups have a Latino co-founder. It’s an especially sobering statistic in a valley where census figures show a quarter of the population is Hispanic.
- Google-backed incubator hopes to inspire Latinos to launch startups (mercurynews.com)
- Latino Startup Accelerator Partners with Google For Entrepreneurs To Launch In Fall (newspodge.wordpress.com)
- Manos Accelerator: a startup to help launch Latino entrepreneurs (nbclatino.com)
- Coinlab to incubate Bitcoin startups (wired.co.uk)