Forbes features a rather glowing profile of Marlon Nichols, an African-American Venture Capitalist who is trying to change the composition of the venture capital crowd, which is blue-eyed, blue-blooded, ivy-league, and often white. Mr. Nichols founded Cross Culture Ventures
Mr. Nichols states: “If you don’t have savings or well off friends and family, you may not be able to quit your day job to start working on your passion project full time. This obviously slows down progress and makes it difficult to hit the necessary milestones to get venture capital financing. And most VC deals come as the result of an introduction from a trusted resource within your network, so if you can’t find a way to be introduced you are starting five meters back from the starting block.”