Understanding the Latinx Experience Within VC
“I think we can do in one generation the kind of wealth creation for Latinx people that could take two to three generations.” — Tiq Chapa
This is just one of many insights shared during a panel we co-hosted in celebration of Latinx Heritage Month. We invited Danny Navarro of Google for Startups to moderate a discussion with Tiq Chapa of Ulu Ventures, Ashley Aydin of VamosVentures, and Angela Guzman, founder of Tjiko, about the fast-growing opportunity to invest in Latinx founders and changes in the industry they’re most excited about.
Even with 1 in 5 people in the U.S. identifying as Hispanic, only 3% of funders and 2% of founders are Latinx respectively, resulting in under 1% of investor and PE dollars. This underinvestment blocks one of the fastest-growing segments of the U.S. economy — and therefore, an opportunity for leaders like Tiq Chapa, whom Danny introduced as “the professor of the Latinx startup ecosystem in the U.S.”
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