Economy

How venture capital is helping to lift the next generation of Latinos

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U.S Treasury yields rose further on Friday as investors digested the need for further interest rate hikes to curb inflation.

Photo by Michael M. Santiago | Getty Images News | Getty Images

Even though Latinos are the second-largest ethnic group in the U.S., they’re underrepresented across many industries, including finance, which can have long-term effects on the ability to grow wealth.

A group of Latino-led and focused venture capital firms is looking to change that.

There are more than 62 million Hispanic or Latino people in the U.S., according to the 2020 Census. That’s nearly 19% of the total population, second only to non-Hispanic whites. They also represent one of the largest and…



Source cnbc.com

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