When it comes to who gets funded, it matters who has the funds.
Venture capital has been overlooking profitable businesses and talented founders for too long, at the cost of innovation and ideas that could serve the needs of many more people. The industry’s lack of diversity and inclusion has not only cost it in moral standing—it’s costing hundreds of millions of dollars a year. Better Venture is a first-of-its-kind guide to diversity and inclusion in venture capital—who funds, who gets funded, why that needs to change, and how to make it happen.
In this collection of stories, interviews, statistics, and research, we set out to answer four questions:
This stuff is tough, and no blog post is going to give the industry the deep understanding and vision it needs to make a change. That’s why we came together to write this book and are bringing in so many voices to build out the picture of what is and what could be.
It’s time we all got better.
Many investors, founders, and activists are contributing to the creation of this book. Thank you to Charles Hudson (Precursor VC); Nancy Pfund (Double Bottom Line Partners); Theresia Gouw (Acrew Capital); Sonja Perkins (The Perkins Fund); Bindi Karia (Draper Esprit; Independent); Claire Diaz-Ortiz (Magma Partners); Maren Bannon (January Ventures); Elizabeth Yin (Hustle Fund); June Angelides (Samos VC); Check Warner (Diversity.VC; Ada Ventures); Sophia Bendz (Cherry Ventures); Suranga Chandratillake (Balderton); Ian Connatty (British Patient Capital); Roxanne Varza (Station F); Janneke Niessen (Capital T); Eva de Mol (Capital T); Laura Huang (Harvard Business School); Pam Kostka (Allraise); Eghosa Omoigui (Echo VC); Paula Groves (Impact X Capital); Gurpreet Manku (BVCA); Tom Wehmeier (Atomico); and Grace Lordan (London School of Economics).