Recently, later-stage funds have started looking at Carthage as a strategic piece in their investment planning. And although the early-stage market is still underserved, Sheffield would be happy if the competition remained low. I don't want to see a lot more early-stage investors coming out. Let them keep working on the later rounds. Carthage does not look.
Ethnic entrepreneurs are.
If you focus on meritocracy, you're going to get the best. It is something that makes us very, very different, but it's not all that we do. Carthage's links with diverse communities are not limited to entrepreneurs. Part of what Scarpa, who is white, liked about Carthage was the fact that they had connections in African-American media. The urban entertainment market can be crucial to a Webcasting business, and Scarpa realized that Carthage's network would be a valuable complement to his own.