White men manage a whopping 93% of venture capital dollars. A minuscule 2.8% of dollars went to Black and Latinx founders, 17.3% to teams with at least one female founder, and only 2.0% to all-female founder teams.
Some VCs say there is a pipeline issue, but women- and BIPOC-led fund managers know there is no shortage of talented, diverse founders. Lolita Taub recently announced her first solo fund—Ganas Ventures—which invests about $100,000 in pre-seed and seed-stage Web 2 and Web 3, community-driven startups in the U.S. and Latin America. READ MORE