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Entrepreneurship is synonymous with privilege. The universities in the U.S. with the biggest endowments, typically predominantly white institutions, are by and large the very same universities that create the major numbers of funded founders.

These schools’ graduates and alumni capitalize on institutional networks during their matriculation, and many leave school properly-well prepared to deal with the entrepreneurship journey, enabled by interconnected, well-resourced funders that welcome them with open arms and pockets.

But who exactly are we conversing about when we say “entrepreneurs”? Merriam-Webster’s defines an entrepreneur as “One who organizes, manages, and assumes the pitfalls of a business or organization.”

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