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Three ways VC firms can construct sustainably diverse portfolios – TechCrunch

Underrepresented founders are the most undervalued asset class in the U.S. today, and investors are starting to realize that diversity is not charity -- it’s economic opportunity.

  • Leslie Feinzaig is the founder and CEO of the Female Founders Alliance.
  • Venture capital has a diversity problem: Data show that Black and Latinx founders received just 2. 6% of overall funding in 2020.
  • Women-founded teams received nearly 30% less funding in 2020 than they did in 2019.

TECHCRUNCH.COM 5 Apr, 2021

ABOUT THE AUTHOR

Kenneth Ho

Founder & Director @ BEAMSTART. Just launched a VC fund to accelerate awesome startups.

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