1. EachPod

Empowering Underrepresented Founders with Ralph Groce

Author
thetybradyway
Published
Fri 15 Nov 2024
Episode Link
https://thetybradyway.podbean.com/e/empowering-underrepresented-founders-with-ralph-groce/

On this episode of The Ty Brady Way, Ty sits down with Ralph Groce, President and COO of Scroobius, Inc., a startup dedicated to tackling the funding inequities that underrepresented founders—especially women and people of color—face. Ralph discusses how Scroobius connects these founders with early-stage investors, bridging gaps in access to venture capital and addressing the biases that keep promising startups from reaching their potential. With women- and minority-led businesses still receiving less than 1.5% of venture capital, Ralph emphasizes the need for investors to recognize the untapped market value that diverse founders represent.


 


Ty and Ralph delve into the cultural and systemic biases that contribute to this disparity, discussing how conventional perceptions of "risk" can cause investors to overlook these founders despite data showing that women-led businesses often excel. Ty shares his own positive experiences working with women leaders on his team, reinforcing the need to shift perspectives and challenge biases in the business world. They reflect on how the language and attitudes we adopt shape outcomes and impact the inclusivity of the business environment.


 


The conversation broadens as Ralph shares insights from his upcoming book, We Have Nothing to Lose: A Dark Optimist’s Call to Action, which encourages readers to embrace courageous, selfless leadership in tackling global issues, from climate change to social inequity. With a pressing reminder that there’s no “Plan B” for our planet, Ralph urges leaders to act for the greater good and to be open to diverse perspectives. Wrapping up, Ralph and Ty inspire listeners to work together to create a more inclusive, impactful future by pursuing ideas and actions that will shape a better world.


 


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