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The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?

David Teten

We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” Kauffman Fellows Report (2020): “Diverse Founding Teams generate higher median realized multiples (RMs) on Acquisitions and IPOs]. What can we learn from the best 40 venture capital investments of all time? All of the 40 companies’ 92 founders were male.

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The Playbook for Scale Up Nation

Seeing Both Sides

As a result, tech-sector employment has declined as a percent of the workforce, from 11% in 2006–2008 to 9% in 2013. For the first time in history there are Israeli companies scaling up successfully as global market leaders, and the ecosystem is evolving to support them. In 2014, for example, 18 IPOs raised a record-breaking $9.8