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The Guide will publish a regular edition shortly. But something in today's news is remaining obscure, and it should not be.
The following was published this morning from the White House in Washington, D.C.:
"Watch live:
White House Demo Day
"Here's an entrepreneurship stat that will probably shock you -- but it's not a typo: A 2010 analysis found that just 1 percent of seed and early-stage venture funding nationally went to company founders who were black. (And in New York City, it was even less than that.)
"Anyone with a good idea should be able to access the resources to help make it a reality -- and that's why today, we're hosting the first-ever White House Demo Day and announcing independent commitments from companies who are stepping up to advance inclusive entrepreneurship.
"You can watch live here starting at 11 a.m. PDT (2 p.m. ET) -- and in the meantime, learn more about the entrepreneurs who are here today and watch a video of U.S. Chief Technology Officer Megan Smith surprising them with the news that they'd be coming to the White House.
"In the startup world, a 'demo day' is when entrepreneurs make pitches to prospective funders. The one we're hosting today is a little different. We've invited a diverse set of startups from across the country -- including those traditionally underrepresented in entrepreneurship, like women and people of color -- to come present their ideas. Some of them will presented to the President (fun fact: today's also his birthday!).
"Watch live, and learn more.
"Thanks,
The White House Team"
Watch live: White House Demo Day, OR watch the video about Demo Day, either / both, at:
https://www.whitehouse.gov/demo-day
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