Why VCs Are Funding Founder Resilience And Personal Development

News Source : Forbes
News Summary
- 11 Tribes Ventures dedicates 2% of every investment as non-dilutive capital for coaching, therapy, and personal development.
- The firm also challenges another VC orthodoxy: the power law that assumes most returns come from a handful of outlier unicorns.
- A 2023 survey by Startup Snapshot found that 72% of entrepreneurs reported that entrepreneurship had negatively impacted their mental health, with 44% citing high stress, 37% anxiety, and 36% burnout.
- By targeting founders who avoid overfunding, 11 Tribes hopes to address risks that rarely appear in spreadsheets but can make or break a company’s future.
11 Tribes Ventures charts a different course in venture capital, backing founder resilience and sustainable $100M outcomes instead of chasing unicorns.gettyFor decades, venture capital has been s [+6867 chars]