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This Site Argued a Dry Cleaner Can Beat a Startup. Here's a Lineman Who Proved It With a Laundromat.
Business media covers venture-backed founders at a scale wildly disproportionate to their real economic footprint, and the imbalance compounds itself since coverage measurably increases a company's access to capital. Dave Menz, a former telephone lineman rejected by banks 25 times, bought a failing laundromat for $85,000 off Craigslist. He now owns four locations and is worth $3.4 million.
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Where this connects
Only 8 of the Fortune 500's CEOs Are Black. A Government Loan Program Financed 70,242 Paths Around That Gate Last Year Alone.
Black executives hold just 8 of the Fortune 500's CEO seats. A separate, almost entirely different path to wealth and control runs throug...
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