Yangler

Breaking the glass ceiling by offering seed funding to able entrepreneurs regardless of gender or race, Yangler announces a monumental undertaking. The San Francisco-based startup will invest in one million early stage startups worldwide over the next ten years. Their pool however will not be the 97% of male CEOs who typically get their businesses venture-funded. Yangler opens its doors wide to invite all entrepreneurs seeking funding for their startups. With room for 1,000 initial registrants, Yangler says everyone who successfully graduates their 16-week online course with a 95% will be funded. Angel investing at its finest, the educational program seeks entrepreneurs with good ideas and a willingness to learn.
What’s true, but widely unknown, is that typical venture capitalists have a steady diet of refusing seed funding for women and minorities. Babson.edu reported that Asian entrepreneurs typically get 12% of all funding available while African-American women get a nominal 0.04%. Unwilling to measure an idea by its value aside from expedited speed of execution, VCs complain that there’s a “…dearth of good people to invest in.” This tact, as far as their business model is concerned Yangler says, has come to an end.