Ben Bennett If you dream about owning your own successful beauty brand, then there's a good chance you’ve seen the dizzying funding statistics: Global venture capital to women-founded brands dropped to somewhere between 2 and 3 percent of all funding in 2020 according to data from Crunchbase, a slight tumble from an already discouraging 2.8 percent in 2019. Luckily, its early 2021 numbers show that Black and female-founded investment is increasing, but it's still too soon to get excited. So who's getting the biggest piece of the pie? "Still overwhelmingly white, male, Ivy League-educated and based in Silicon Valley," according to a 2019 study from RateMyInvestor and DiversityVC, reported by Crunchbase News.
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