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

David Teten

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). All of the 40 companies’ 92 founders were male. Of the 19 Western Europe/Israel-based founders, all were white. Of the 43 U.S.-based Of course, this dataset is incomplete.

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14 Entrepreneurs Describe The BHAGs (Big Hairy Audacious Goals) For Their Business?

Hearpreneur

And unlike other fintech companies that are primarily equity-financed, we raise capital by offering a best in class savings product to consumers (a 1 month renewable CD that pays 6% APY), which in turn allows us to meet our short term capital needs required for loan origination. English, Chinese and Spanish are already being translated:).