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Nov 14, 2011
11/11
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. >> newme cofounder and self-described country boy, wayne sutton. >> it takes courage and guts to come out here and leave my son, my wife awhile and come out here and pursue your dreams. >> this isn't a charity. it's not a summer camp. we're capitalists. we're all trying to build great businesses. and we're trying to secure the funding needed to build those businesses. >> why is this so important? >> how can you have a huge and growing part of the economy with no participation from a significant demographic?
. >> newme cofounder and self-described country boy, wayne sutton. >> it takes courage and guts to come out here and leave my son, my wife awhile and come out here and pursue your dreams. >> this isn't a charity. it's not a summer camp. we're capitalists. we're all trying to build great businesses. and we're trying to secure the funding needed to build those businesses. >> why is this so important? >> how can you have a huge and growing part of the economy with no...
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Nov 14, 2011
11/11
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but for wayne sutton, the hardest part is missing his 7-month-old son. >> i'm happy.oo. you want to play with him, hold him and stuff. i'm across the country and just, you know, dealing with stuff and i could be playing with him. i know i'm not doing this, making this sacrifice so i can get rich. i want my little boy to be successful. i want to learn so i can teach him to be successful. >> most nights wayne works until 11:00 p.m. at a neighborhood yogurt shop. he walks home to clear his head. on a monday night, he's walking home when he's stopped by police. >> i saw two cops, hands on their hips, ready to pull out a gun, a baton or something to take me down if necessary. >> 404. clearance. >> the officers run a background check. wayne doesn't have a criminal record. he's told he can go. >> 11:00, 2:00, 1:00 in the afternoon. 11:00 at night. if i'm walking down the street, just trying to get home, i shouldn't get stopped by police. >> mountain view police tell us they stopped wayne because he was an unfamiliar face in the neighborhood. >> it don't look good for me to b
but for wayne sutton, the hardest part is missing his 7-month-old son. >> i'm happy.oo. you want to play with him, hold him and stuff. i'm across the country and just, you know, dealing with stuff and i could be playing with him. i know i'm not doing this, making this sacrifice so i can get rich. i want my little boy to be successful. i want to learn so i can teach him to be successful. >> most nights wayne works until 11:00 p.m. at a neighborhood yogurt shop. he walks home to clear...
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Nov 20, 2011
11/11
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. >> and wayne sutton. >> come out here and pursue your dreams. >> this isn't a charity. this isn't a summer camp. we're trying to secure the funding needed to build the businesses. >> how can you have a huge and growing part of the economy with no participation from a significant demographic? >> the odds of success are slim. 80% of all start-ups founded by first time entrepreneurs fail. but angela is confident her accelerator will help the house meats beat the odds, something she says she has done her entire life. >> i was 15, in the ninth grade and pregnant. it was a hard time. you are around people in society and you are also around your own family and people think they know how your life is going to end up. >> driven to prove people wrong, she earned a masters degree in graphic design. today angela is 30, a single mother of three. in addition to running the new me accelerator with wayne, angela is working on her own start up. get queued, a mobile app that makes recommendations based on past experiences. >> people often have a lot of past excuses. >> one bathroom? >> a
. >> and wayne sutton. >> come out here and pursue your dreams. >> this isn't a charity. this isn't a summer camp. we're trying to secure the funding needed to build the businesses. >> how can you have a huge and growing part of the economy with no participation from a significant demographic? >> the odds of success are slim. 80% of all start-ups founded by first time entrepreneurs fail. but angela is confident her accelerator will help the house meats beat the...
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Nov 24, 2011
11/11
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. >>> in this unassuming three-bedroom home in mountain view, california, angela benton and wayne sutton hope to make history. >> here? see what this thing look like. >> one of them is supposed to be a sofa bed. >> the friends connected online. two black internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology and not really creators of technology. and not >> name me one black web tech founder or start-up ceo. where's the example of a black mark zuckerberg? >> last year only 1% of internet start-ups that received funding were founded by african-americans. so angela and wayne created the new media accelerator. newme for short. a groundbreaking program designed to speak up the development and success of minority led start-ups in silicon valley. >> if you're going to be an actor, you go to l.a. if you're going to be in fashion, you go to new york. and if you're going to be in technology, then you come to silicon valley. >> modeled after similar programs, newme offers its dotcom founders immedia
. >>> in this unassuming three-bedroom home in mountain view, california, angela benton and wayne sutton hope to make history. >> here? see what this thing look like. >> one of them is supposed to be a sofa bed. >> the friends connected online. two black internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology and not really creators of technology. and not >>...
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Nov 10, 2011
11/11
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reporter: in this unassuming three bedroom home in mountain view, california, lank benton and wayne sutton> one of them was supposed to be a sofa bed. >> the friends connected online. two black internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology. not really creators of technology. >> name me one black web tech founder or ceo? here's the example of a black zuckerberg? >> last year, only 1% of internet starters that received funding were funded by african americans. so angela and wayne created the new media accelerator. new me for short. a ground breaking program designed to speed up the development of start-ups in silicon valley. if you're going to be an actor, you go to l.a. if you're going to be in fashion, you go to new york. if you're going to be in technology, then you come to silicon valley. >> modeled after similar programs, new me offers its dot com founder immediate access to deep pocketed investors, well connected mentors, and opens doors at some of the most successful internet c
reporter: in this unassuming three bedroom home in mountain view, california, lank benton and wayne sutton> one of them was supposed to be a sofa bed. >> the friends connected online. two black internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology. not really creators of technology. >> name me one black web tech founder or ceo? here's the example of a black zuckerberg?...
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Nov 10, 2011
11/11
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CNN
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. >> in this unassuming three bedroom home in mountain view, california, angela benton and wayne suttonstory. >> see what this thing look like. >> one of them is supposed to be a sofa bed. >> reporter: the friends connected online. two internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology and not really creators of technology. >> name me one black web tech founder or start-up ceo? where's an example of black market zuckerberg. >> reporter: last year only 1% of internet startps were founded by african-americans. so, angela and wayne created the new media accelerator. new me for short. a groundbreaking program to speed up the development and success of minority-led startps in silicon valley. >> if you're going to be an actor, you go to l.a. if you're going to be in fashion, you go to new york. and if you're going to be in technology, then you come to silicon valley. >> reporter: modeled after similar programs, new me offers its dotcom founders access to deep pocketed investors, well-connec
. >> in this unassuming three bedroom home in mountain view, california, angela benton and wayne suttonstory. >> see what this thing look like. >> one of them is supposed to be a sofa bed. >> reporter: the friends connected online. two internet entrepreneurs trying to succeed in an overwhelmingly white industry. >> for whatever reason, african-americans tend to be consumers of technology and not really creators of technology. >> name me one black web tech...