Why Scott Says Black-Focused Brands Face a Higher Proof Bar
Scott said investors repeatedly questioned whether the market need and brand longevity were established. In her experience, Black founders building for Black consumers can face added difficulty finding capital and retail partners who believe the audience will spend. This is Scott's account of her fundraising experience rather than a quantified industry-wide finding in the episode.
- Scott felt investor milestones and expectations kept moving
- Potential investors questioned both need and longevity
- She connected the challenge to being a Black founder prioritizing Black consumers
- She said the need to prove both founder and brand worth continues
“it did feel like the goal post kept getting moved”
“I'm still constantly having to prove myself”