The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?
David Teten
MARCH 5, 2021
We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” Of the 19 Western Europe/Israel-based founders, all were white. All of the 40 companies’ 92 founders were male. Of the 43 U.S.-based And perhaps more interestingly, only 4% produce a return of 10x or more, and only 10% produce a return of 5x or more.”
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