Season’s greetings to a wonderful YES community! I hope you all had a great Thanksgiving and are looking forward to the holidays ahead.
As we move toward the end of the year, my thoughts turn first to gratitude, and second to what’s next.
I believe that entrepreneurial endeavors are crucial to not only the U.S. economic engine but communities as well. After 10 years, YES continues to evaluate the programming and content to provide a vibrant environment to affect change. Vision 2020 for YES is well underway, and we can’t wait to tell you all about it.
I have a LOT to be grateful for, including the opportunity to attend various programs in Dallas.
I had the opportunity to hear the fabulous Tye and Courtney Caldwell present to Social Venture Partners a few weeks ago.
While their story is always inspiring, some of the statistics they shared about the challenges for women and especially women of color were startling. A December 2018 article by Entrepreneur painted a grim picture indeed; 2.2% of VC money went to women founded firms and only .0006% went to firms led by women of color in 2017.
In a time where #metoo drives the headlines, I find this startling. It leads me to ask a bigger question however: If more slices of the pie were granted to a wider footprint of founders, how much bigger would the pie be? It’s dizzying to consider, but I suspect the pie would not only be bigger but more than likely the stuff of Thanksgiving legend.