Innovation requires brains, but also requires money — and the early money often comes from venture capitalists. But all too often minority and women innovators miss out on venture capital funding.
Jules Pieri, found and CEO of the product launch platform, The Grommet, sees a bias in the system, but she also sees a simple, practical solution. Pieri calls her idea “Title IX for business.” In short, remove the lucrative carried interest tax loophole from any venture firms that do not fund women’s businesses proportionate to men’s.
Pieri joins Marketplace Morning Report host David Brancaccio to discuss. Click on the audio player above to hear more.