Yeah, I have a book chapter on a diversity imperative and the data there.
I talked about 75 percent of the venture capital going to three states. If you look at people, women are 50 percent of the population. The women founders get less than 10 percent of the venture capital. Latinos are 18 percent of the population. Latino founders get less than 2 percent of venture capital. And black Americans are 13 percent of the population, but black founders get less than 1 percent of venture capital.
So it does matter where you live and what you look like, but if you have an idea, you have an opportunity to turn it into a business and create jobs and drive growth in your community. That’s why it’s so important to level the playing field.
And on the immigration front, it’s also important that we continue to be a welcoming nation, that we have people from all over the world who want to be a part of this next American story; 40 percent of the top companies, Fortune 500 companies, were started by immigrants or children of immigrants.
So it’s been part of the secret sauce that has made America so strong. And we need to remember that and continue to be a magnet for talent. It has become a little more difficult to come to this country. It has become more difficult to stay in this country.