
Replay - The “Three Layer Cake” Fund, How Personal Experience Drives Your Investment Lens, The Future of Tech for the Aging Population, & How a Solo GP Can Do it All (Monique Woodard)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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How to Invest in Underrepresented Founders
I'll do roughly 25 investments. Most of those will be in true seed companies, although I do have some allocation for pre-seed and average check size is half a million. 60% of the founders that I backed were underrepresented in some way. When I ran the numbers, it was black, Latinx, LGBTQ women or veteran status. So while there is no direct diversity mandate around cake ventures, I think that my network and my previous experience and backing of underrepresented founders sort of speaks to itself and speaks for itself.
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