Why is advancing the next era of venture capital important?
Venture capital is an American national treasure. It has fueled the advancement of innovation, economies, and people. It has created value, jobs, wealth, and life-changing products and services. Though venture capital as an industry may be young and as an asset class may be small, high-growth startups and their long-term investors have truly changed the world.
To continue the success of the industry’s past 50 years to the next 50 years and beyond, we must expand opportunities for people of all backgrounds to access the venture ecosystem and thrive. We must educate future leaders on best practices and help them learn from the industry’s rich history. We must help firms build strong, healthy cultures and values. We must keep the public and ecosystem informed through qualitative and quantitative insights.
By investing in tomorrow’s leaders today, we shape the next era of venture capital.
10,000+
high-growth startups—across all 50 states and DC—raised venture funding in 2019 to build and grow their businesses.
42%
of all U.S. IPOs from 1974 to 2015 were venture-backed companies, representing 63% of the market capitalization and 85% of R&D.
2.9 million
is the average net jobs created annually between 1980 and 2010 by high-growth startups, which account for ~50% of gross jobs created in the U.S.
1,300+
U.S. venture firms are active today, managing an aggregate of $444 billion in assets.
Report: Guidance and Best Practices for Investors on Diversity & Female Entrepreneurship
/in Education, Human Capital, Research Reading /by Rhianon AndersonGuidance and Best Practices for Investors on Diversity & Female Entrepreneurship is a report published by the British Venture Capital and Private Equity Association. It includes tactical guidance for investors to create an inclusive pipeline and portfolio.
Institutional Investors Must Help Close the Race and Gender Gaps in Venture Capital
/in Human Capital Reading /by Rhianon AndersonIn this HBR article by Ilene H. Lang and Reggie Van Lee, the authors discuss the role of institutional investors in addressing the race and gender gaps in their investment portfolios.
Recruiting for diversity in VC (TechCrunch)
/in Education, Human Capital Reading /by Rhianon AndersonIn this TechCrunch article, Dan Miller outlines common pitfalls he sees in talent searches with VC firms in particular, as well as some thoughts on how firms can improve their hiring processes, in order to work toward having more diverse representation within their investing teams.
The questions LPs can ask for due diligence on diversity and inclusion in VC
/in Blog Post Human Capital Reading /by Rhianon AndersonIt is widely recognized that improving diversity and inclusion in the venture capital and private equity industries is the right thing to do. Not only that, but there is strong evidence that increasing diversity will lead to better returns, increased talent retention and more creativity. Diversity VC has put together a list of questions which Limited Partners can use to ask GPs at venture funds questions during the due diligence process to better understand their approach to diversity and inclusion.