The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?
David Teten
MARCH 5, 2021
Of the 30 Asia-based founders, all were natives of the country in which they built their businesses: 23 Chinese, three Japanese, two Korean and two Indian. Kauffman Fellows Report (2020): “Diverse Founding Teams generate higher median realized multiples (RMs) on Acquisitions and IPOs]. Of course, this dataset is incomplete.
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