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If venture funds could be supported by the local communities they invest in, you'd create a fantastic dynamic. Want to know why there aren't more female partners at VC funds? At least it would be diversified across 25-30 companies--there's no such requirement in crowdfunding. I certainly would! You also create an insider's game.
For the first time, it partnered with AngelList to help create an open application process. Not bad considering that founding partner Dave McClure has been adamant about supporting non-US startups and recently acquired the Mexican.VC accelerator and brought on two venture partners to help oversee its India investments.
Eric Ries : I appreciate you saying that, and we should certainly reserve a moment to say thank you to all of the spouses and supportive partners that have made possible so much of this relief work that we have been talking about in this series of conversations. For example, Santa Clara had a community-spread case early in March.
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