Reality Within the Technological Hub
by
Falasha Ali
Silicon Valley is recognized as the "technological hub" of the multi-trillion dollar tech industry. In Silicon Valley it is estimated that only 1 out of 100 venture-funded tech start up founders are African-American. And more than 80% of venture capital firms DO NOT have at least one Black investor. In 2021 Black founders received 1.2% of 147 billion dollars in venture capital invested. It is clear to many of us that conscious or unconscious racial bias drives the lack of investment capital made available to Brown & Black founders.
The late Elijah Muhammad wrote, "Observe the operations of the white man. He is successful. He makes no excuses for his failures."
Wealthy, influential, white males in Silicon Valley have worked hard to leverage OPM, and the undeniable technological prominence all made possible by GWMP, ( an acronym for Generational White Male Privilege).
What is GWMP? A deeply embedded social structure and economic system which guarantees young privileged white males receive the lion's share of any and all investment capital available. GWMP allows Silicon Valley "gatekeepers" to normalize the unwritten narrowness of Generational White Male Privilege to the detriment of countless women and minority founders, and their progeny.
The disparate treatment taking place in Silicon Valley has scored high on the U.S. Misery Index. Unfortunately, GWMP has lead the tech sector to become a dark, gloomy, hodgepodge of "White Supremacy", "racial bias", "economic inequality", and "a general lack of funding for diverse, minority founders." It is only a matter of time before this dangerous contagion spreads like a fast-moving virus to other cities in the U.S. and abroad.
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