soupsoup: Who Gets Funded? (Click for larger) via Alexander Hotz at Mashable When many of us think of an Internet company we might think of a Michael Cera type character holed away in his parents’ basement but the stats from the report show some interesting trends. Entrepreneurs in 2010 are a relatively homogeneous lot: Most are older than you think and yet only a fraction are black (1%) or female (8%). Still there is some hope that good-old smarts wins the day; 98% have an undergrad degree or higher. Hope that good-old smarts wins the day? No, the applicant pool is made up of older white males who are likely to have an undergraduate degree. If “smarts” won the day, wouldn’t the fact colleges have had a higher ratio of women to men for quite some time mean that women had a stronger showing as entrepreneurs? Women and people of color hold degrees too, clearly that’s a prerequisite and nothing more - something else is directing the money.

soupsoup:

Who Gets Funded? (Click for larger) via Alexander Hotz at Mashable

When many of us think of an Internet company we might think of a Michael Cera type character holed away in his parents’ basement but the stats from the report show some interesting trends. Entrepreneurs in 2010 are a relatively homogeneous lot: Most are older than you think and yet only a fraction are black (1%) or female (8%). Still there is some hope that good-old smarts wins the day; 98% have an undergrad degree or higher.

Hope that good-old smarts wins the day? No, the applicant pool is made up of older white males who are likely to have an undergraduate degree. If “smarts” won the day, wouldn’t the fact colleges have had a higher ratio of women to men for quite some time mean that women had a stronger showing as entrepreneurs? Women and people of color hold degrees too, clearly that’s a prerequisite and nothing more - something else is directing the money.