Let's start this article with one fact: I do think venture capital has value. I think angel investor dollars have value and can do a lot. But as someone who has now looked at thousands, if not tens of thousands of deals in his career, it's very clear to me that it is becoming the default for young entrepreneurs.
While it's disappointing that race and gender continue to preclude talented and innovative individuals from accessing the same opportunities as others, the real concern is that this issue doesn't begin and end in Silicon Valley as many people think. It travels in tandem with Silicon Valley's influence in business across America.
In the fundraising game, every entrepreneur expects difficulties. This is the Age of Startups, after all, with an ever-rising number of entrepreneurs competing for investor dollars. When I began fundraising for my PR software startup, I encountered a range of responses to, well, me. In talking to other women founders, I learned that I may have actually had it easy.