Venture capital discrimination
Paul Graham, co-founder of Y Combinator—the tech accelerator that supports early-stage, growth-driven companies through education, mentorship and financing—has funded a number of successful start-ups including Dropbox, Airbnb and Reddit. Despite this, in 2013 he made a controversial comment about how he evaluates potential companies. He managed to both offend many foreign-born Silicon Valley entrepreneurs and reveal a prejudice common among venture capitalists.