Venture investing in the U.S. hit a record high of $130.9 billion in 2018. And stories of twentysomethings raising millions of dollars from growth-hungry VCs continue to flood our feeds. This distorts the much more nuanced and elusive process of raising venture dollars. So it’s no surprise that ambitious founders continue to seek out funding for their nascent startups. Yet .05% of all entrepreneurs and even fewer founders of color actually secure venture capital.
