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February 23, 2017 07:00 pm GMT
Diverse teams perform better. First Round Capital found that, over 10 years, teams with at least one female co-founder performed 63 percent better than male-only teams. Racially diverse teams also perform 35 percent better than their industry peers. Yet only 8 percent of venture capital money is going to women-led companies, and 1 percent is going to companies with a black founder. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dplF2bBRsxA/
Why we need diverse founder and funding teams and how to find them
Diverse teams perform better. First Round Capital found that, over 10 years, teams with at least one female co-founder performed 63 percent better than male-only teams. Racially diverse teams also perform 35 percent better than their industry peers. Yet only 8 percent of venture capital money is going to women-led companies, and 1 percent is going to companies with a black founder. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/dplF2bBRsxA/
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