Less than one percent of all venture capital money in 2010 went to digital startups with African-American founders, according to CB Insights, an industry analyst.
For her fourth "Black in America" documentary, "The New Promised Land -- Silicon Valley"(CNN, Sunday, 8 p.m. & 11 p.m.) reporter Soledad O'Brien aims to explore why that is. She takes a look at Silicon Valley and the opportunities in the tech world, through the eyes of 8 African-Americans with Internet-based businesses looking for funding.
At least I think that's what O'Brien is exploring. Although inspiring, "The New Promised Land" isn't very insightful; often it seemed on the verge of a good story only to succumb to the need to be 'interesting' in a reality show kind of way.