Puff Daddy has done well in the entertainment industry, accruing a net worth close to a billion dollars.
But in a new interview with Variety, Diddy called out the industry for not doing enough for black enterprise, and for taking black talent for granted.
He also called out venture capital:
Diddy's fellow Hip Hop moguls Nas and JAY-Z have had early success in the venture capital game. Perhaps as more black entrepreneurs are able to enter into VC that five percent number will rise.