Systemic bias in VC doesn't just limit potential to support ideas that improve society, it limits financial returns, too.
How does that bias actually show up in the VC process? What should we do about it?
Check out part II of last week's post here: https://t.co/dQ2H18wubv
The way VC works limits the potential of entrepreneurial innovation to solve big environmental and social problems. But what is the way VC works? And how does that limit innovation for good?
Been sitting on this for a while but posted my thoughts today: https://t.co/UqXunsm6Il
Excited to be featured in @julesemiller and @kaganj's book Designing the Successful Corporate Accelerator. If you're in the corporate innovation space, it's full of helpful perspectives on design https://t.co/YQGhU41pwD
The future of philanthropy is to truly adopt the "nothing about us without us" mindset and recognize, fully, that the traditional model is as flawed or more so than venture capital. If you're a grantmaker, this is a conversation and event you have to be a part of.
Our first book event - we'll be talking about how foundations that invest their endowment through MRI's or PRI's can shift decision-making power to the communities they serve @ACFoundations@MissionInvest#ImpInv
Authentically engaging and creating a representative culture and new strategic decision making process is fucking hard. We've been trying for years and have been in overdrive since last March and it's taking SO much time, money, and energy.
I wouldn't have it any other way.
@psb_dc@villagecapital@vefram@AllieB@Siftedeu Thanks for the heads up! Fascinating models in here and familiar findings/thoughts. Excited to see more folks centering the voices of those with lived experience and trying new things!
Today we replace President Trump in a ceremony amid fears of a second violent coup attempt and a global pandemic as the nation mourns over 400,000 deaths and grapples with the loss of three million jobs.
Imagine reading that in 2014.
If we want to strike at the heart of division, let's recognize the divider: wealth.
It dictates opportunity, education, healthcare, housing... Everything.
Wealth dictates these things because our government will not ensure a good life FOR ALL.
Systems change comes from the places where those systems break down.
The healthcare system has BEEN failing women and people of color. Proud to see @villagecapital & @JNJInnovation shouting out how entrepreneurs from these communities are key to making healthcare better for all.
Personal experience opened Kimberly Wilson’s eyes to the inequities in the American healthcare system. It inspired her to found @WeAreHUED.
Our new research with @JNJGlobalHealth on healthtech startups like HUED supporting frontline workers & communities: https://t.co/UwAzbM6Bl1
Proud to have played my part - thanks in such a large way to you, @RobLalka! The partnerships you spearheaded were essential to our growth, and your mentorship is something I still draw on every day.
Here's what 10 years of leadership looks like ... over 100 investments, in a truly diverse portfolio, with impacts far outside the elite/elitist VC circles, $4 billion in follow-on capital later: https://t.co/RmGAXSVUTd
Congrats, @rossbaird, @vefram, @AllieB, @ShayImpact, et al