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

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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.

 

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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.

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