Investors Are Betting Big On Latina FoundersWhat Are They Looking For?

Image for article Investors Are Betting Big On Latina FoundersWhat Are They Looking For?
News Source : Forbes

News Summary

  • Latina and Latina founders received just 1.5% of total U.S. venture capital funding according to a 2022 report.
  • When diverse founders do receive capital, on average, we return at a 25% higher return rate, says Laurel Mintz, managing partner of Fabric VC.
  • As a Latina investor, the work is personal.
  • "Growing up, I didn’t see people in venture who looked like me or shared my experiences," says Ashley Balla, founder of Halogen Ventures.
Latina founders are starting businesses faster than any other demographic group in the U.S. But despite their momentum, they continue to face one of the most persistent funding gaps in venture capita [+10154 chars]

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