Ten Leading VCs Team Up On A $50 Million Fund To Back Underrepresented Investors
Ten Leading VCs Team Up On A $50 Million Fund To Back Underrepresented Investors Share to Facebook Share to Linkedin Screendoor's 10 founders teamed up across VC firms to launch a fund-of-funds to back emerging fund managers from underrepresented backgrounds. Screendoor Would-be venture capitalists looking to raise a fund for the first time often face a chicken-and-egg problem: to raise money, they’re expected to demonstrate a track record of promising startup investments; to build such a portfolio, they need to raise money. It’s a challenge felt even more by emerging fund managers from ...