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  • 9 months ago
Transcript
00:00It's an excellent question because oftentimes when people hear diversity, they think impact
00:05or they think nonprofit. And the way we've taken it is thinking of this as an undervalued
00:11asset class. So just like a few years ago, people were ignoring AI and you should have
00:15gotten in early because it's a new technology and it's going to change the world. We believe
00:20that overlooked founders are undervalued asset class, specifically black and Latino founders
00:25who often generate more returns for their companies, have higher impact and are able
00:31to create more successful companies. So our mantra is we want to show that there's no
00:37trade-off between diversity and excellence. So the goal is generating outsized returns by betting on
00:42black and Latino founders. As a culture, we need to understand that we are for profit,
00:48not just charity. And the sooner we as entrepreneurs understand that we're for profit,
00:54the sooner it translates in the way that we do business as well.
00:59Thank you both.

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