TED Talks Daily How to use venture capital for good | Freada Kapor Klein
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Jun 6, 2024 Freada Kapor Klein, a venture capitalist dedicated to closing opportunity gaps for low-income communities, shares her innovative approach to impact investing. She reveals how her firm prioritizes societal benefits over typical profit-driven strategies, aiming to empower underserved populations. Freada discusses the critical need for diversity in investment teams and highlights successful startups making real-world differences. She emphasizes evaluating talent based on experiences rather than credentials, pushing for a more equitable tech sector.
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Early Activism
- Freada Kapor Klein's activism started early, picketing with Cesar Chavez.
- She co-founded the first group focused on sexual harassment in the US.
Impact Investing Hypothesis
- Kapor Capital's hypothesis: venture-scale returns are possible while closing opportunity gaps.
- They invest in companies benefiting low-income communities and communities of color.
Founder's Commitment
- Founders should commit to building diverse and inclusive teams.
- This commitment should align with their consumer base and business model.