The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?
David Teten
MARCH 5, 2021
based founders, 35 were white* American; four were white immigrant/first generation, from France, Ukraine, Russia and Iran; and four were Indian immigrant/first generation. Kauffman Fellows Report (2020): “Diverse Founding Teams generate higher median realized multiples (RMs) on Acquisitions and IPOs]. Of the 43 U.S.-based
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