dot la summit

dot la summit

Photo by Decerry Donato

It’s no secret that female entrepreneurs receive less funding than their male counterparts–females only secured 2% of VC funding in 2021. The reality, however, is even more pronounced for women of color.

But according to ComplYant founder Shiloh Johnson, there is a way to change this reality we are living in, you have to be undeniable. “If I focus on the business, and I build something that works and it's making money, you can't deny that green is the universal color,” Johnson said at dot.LA’s "Meeting the Moment: Why the Time is Now for Women Founders" panel.

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Photo by David Ruano

In 2021, women raised just 2 percent of venture capital in the US in 2021. Black founders raised just 1.2 percent of total VC funds last year — and will likely raise even less this year amidst the economic downturn. This is all to say that efforts from VC funds to invest in female and racially diverse founders don’t appear to be enough.

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Photo by David Ruano/ dot.LA

Earning a living from OnlyFans or Twitch is much harder than it looks.

Only a tiny fraction of creators earn enough to quit their full-time job. Not to mention that building a large enough following can take months or years — if it happens at all. Content creators must constantly adapt to platform changes, keep abreast of new trends and stay up to date with a demanding and capricious audience.

In a panel at the dot.LA Summit, Senior Editor Drew Grant spoke to leaders from the creator community to find out what challenges and opportunities lay in store for today’s content creators.

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