Investors are missing out on black founders with great companies, says Incredible Health CEO

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Incredible Health's Iman Abuzeid has a message for Silicon Valley: Diversity isn't just a moral issue. It's good for business, too.

"Let's talk about how diversity drives financial performance," said Abuzeid at the start of our call. "

"I have heard investors tell me they never meet black founders," she said. "But it's imperative on them to expand their networks because there are plenty of black founders, and we're building great companies."Incredible Health's CEO Iman Abuzeid, second from left, paying a visit to a hospitalOne important step would be for investors to hire more diverse talent into their own firms.

In health care, for instance, there are tons of artificial intelligence and machine learning companies developed by former Google or Apple engineers, all pitching the same hospitals. But very few start-ups arewhich serves lower-income Americans, despite that it covers 1 in 3 people in the state of California.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

a16z We need to abolish police (they smell) and do more affirmative action. Thank you for using your platform for good!

a16z How about not investing based on the race of the founders? That's racism and the social justice ideology driving itis evil

a16z Investors are mission out on GREAT COMPANIES....there I corrected it for you!

As someone that is interested in markets and used to following your page for pertinent information regarding the business world, I have no other choice but to unfollow you. You refuse to stay in your lane and your grandstanding is quite annoying.

Global terrorist Underworld don Dawood Ibrahim and his wife have tested positive for coronavirus in Pakistan

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Virtual Mental Health Resources for Black Women Can Make All the DifferenceBlack lives matter, and so does Black mental health.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

These Virtual Mental Health Resources for Black Women Can Make All the DifferenceBlack lives matter, and so does Black mental health.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Nina Westbrook Is Urging Black Women to Put Their Mental Health First'The most disrespected person in America is the Black woman. The most unprotected person in America is the Black woman. The most neglected person in
Source: POPSUGAR Fitness - 🏆 401. / 53 Read more »

13 mental health resources for black people trying to cope right now'Radical self-care is required to live and survive in this world as a Black person.' Here are some resources to help right now. mentalhealth
Source: HealthyWomen - 🏆 29. / 68 Read more »

Black mental health matters: How to cope during a time of social injustice, according to expertsAfrican Americans are 10% more likely to experience serious psychological distress than other races—and experts worry this will only increase without elevated access to coping mechanisms. This is not true . How racist We are all humans BruceLee
Source: ABC - 🏆 471. / 51 Read more »