Read on Twitter
1/5 Just wrote “Diversity As $uperpower: The (Well-Known) Data Against Homogeneous Teams In VC” @forbes for @C200. The venture industry baffles given the (ongoing) data avalanche showing diverse teams (investing + founding) drive better financial outcomes: https://bit.ly/2FISKYs
2/5 By avalanche I mean ~30 publications by established banks, consulting companies, investment firms, VC partnerships, industry associations, academic institutions, all of which invested in the robust, thorough analysis to defensibly/objectively informs financial decision-making
3/5 I synthesized in one place sources on how heterogeneous investor teams are essential to investing in the diverse founder teams that outperform financially for venture funds. Paper is long; if i#tldr, try the infographic. Both here https://wrg.vc/diversity
4/5 So, how to solve for the right path out of innovation-crushing homogeneity—morally and as a fiduciary? I raise a couple ideas @forbes @C200, including @wrg joins the growing list of VCs introducing diversity riders, brainchild of @alexgman12, @michaelsilton, Act One Ventures
5/5 Still learning/studying, always will be, journey accelerated via essential leadership of founders & voices raised by @BLCKVC, @AllRaise, @digitalundiv, @OperatorCollect, so many others. Guess @blogher taught me anything, it was “listen until you learn to listen even better”
