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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.” BCG (June 2018): “Startups founded and cofounded by women actually performed better over time, generating 10% more in cumulative revenue over a five-year period: $730,000 compared with $662,000.”. All of the 40 companies’ 92 founders were male. Of the 43 U.S.-based

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Announcing Multicoin Capital

Austin Startup

Although we were studying finance, we were always more interested in tech. Before graduating, I decided to forgo the finance path and instead dove into engineering and later sales and product management roles at VersaSuite (health IT) in Austin. But we never lost the finance bug. We held our first close on August 1, 2017.