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Research from BCG, Harvard Business Review, First Round Capital, the Kauffman Foundation, and Illuminate Ventures shows that investors in diverse teams get better returns: Paul Graham , cofounder of Y Combinator (2015): “Many suspect that venture capital firms are biased against female founders.
The partners here had made many great investments in consumer companies before then — companies that resulted in successful IPOs like BlueNile and eHealth in the late 90s. For that reason I was thrilled when Aaron Batalion joined as my partner in November. In addition, Jon Steinberg has also joined us, as a Venture Partner.
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John Borchers, Co-founder and Managing Partner of Decathlon Capital , reports that “37% of our portfolio companies would be considered ‘impact’ qualified companies. Feenix Partners reports that “35% of our portfolio companies have either a female or minority (non-Caucasian) CEO or Owner.” . of venture capital deals.
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