Wednesday, August 26, 2015

Fred Wilson promotes bitcoin diversity with 50 scholarships for N.Y.C. event - New York Business Journal

Michael del Castillo Technology & Innovation Editor, Upstart Business Journal New York Business Journal

Union Square Ventures founder Fred Wilson discusses tech startups at the Northside… more

Bitcoin users are notoriously not very diverse, which led one of the city's best known venture capitalists to get involved in helping change that fact by writing a blog about 50 '"diversity scholarships" being offered by the hosts of an upcoming New York City event.

"There's a sense that the bitcoin community is a fairly homogeneous group, mainly white and mainly male," Union Square Venture founder Fred Wilson, who was an early investor in bitcoin startup Coinbase, wrote in a blog post today. "And the MIT Media Lab and Coindesk are doing something to try to change that."

The event is the 2015 Consensus conference co-hosted by Coindesk and MIT Media Lab on September 10 at The Times Center in Times Square. Full price tickets cost $1,499, making the scholarships worth about $75,000. Ten percent of the total tickets sold have been set aside for the scholarship.