Saturday, November 19, 2011

CNN: "Black in America" looks at high tech entrepreneurs

Recently,  CNN has been airing an important episode of its “Black in America” series, called “The New Promised Land: Silicon Valley”, showing a major tech expo (called "New Me Accelerator") for entrepreneurs to seek investor funding for start-ups.

Until now, only about 1% of the startups have been African-American owned. 

One entrepreneur couple was going to issue a new type of focused social networking. Another was from Harlem and providing Internet services to lower income people.

There is a tremendous amount of work and the old ideas about hucksterism and salesmanship don’t really work with investors. 

The best link on CNN for the show seems to be this.

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