As we’ve recognized the need to diversify our networks to better diversify our companies and company boards, Foundry has been working with a number of firms such as HimforHer, Valence, ReadySet, and others. We’re also partnering with Bolster – a company that, although we’re not direct investors, we have strong ties to through several of our partner funds who are investors as well as through our long, long time relationships with Bolster’s CEO, Matt Blumberg (who was CEO of Return ...| VC Adventure
Fred Wilson’s recent post on diversity was thought-provoking on several levels and got me thinking not just about board composition but more broadly about the question of networks and how relying too heavily on existing networks can limit the diversity of those networks. There are many things that we (meaning the tech and venture industries, but I’m also shining this light on myself here) need to do to better promote and support equity and diversity in our work. To some extent at the core...| VC Adventure
Those that have followed my blog for any period of time know that I love the data that my friends at Correlation Ventures gather and write about (for example the data behind my post Venture Outcomes are Even More Skewed Than You Think or IPO or M&A). Today they released some data on the correlation between the number of venture board members around the boardroom table and the success of venture funded businesses which I thought was pretty illuminating and which confirmed a long held suspici...| VC Adventure