Join our events and meet diverse VCs
Women and BIPOC are grossly underrepresented in venture capital. According to a U.S. Government Accountability Office publication, firms owned by Women and BIPOC manage only 1% of the $70 trillion in assets under management in the US. Data from a Kauffman Fellow’s study show a large discrepancy between the Latino/a working-age population in the United States (17%) and Latino/a startup executives (2.6%).[iii]
This underutilization of human capital is a result of systemic barriers [iv]. Allocating investment capital to existing Venture Capital Funds that have General Partners that are Women and BIPOC managers can accelerate economic equity.
[i] https://sloanreview.mit.edu/article/the-multiplier-effect-of-innovation-jobs/
[iii] http://www.kauffmanfellows.org/journal_posts/the-pipeline-myth-ethnicity-fund-managers?
[iv] https://sparq.stanford.edu/racial-disparities-investing-are-more-pipeline-problem
[vi] http://www.kauffmanfellows.org/journal_posts/the-pipeline-myth-ethnicity-fund-managers
The Founding GP Showcase is a marquee invite-only event to showcase Latino/a-led venture firms. The event features topical discussions and presentations by Latino/a GPs who are actively raising capital. LPs are encouraged to attend and meet a group of diverse emerging managers.
SomosVC's largest annual event brings together VCs, limited partners, community members, and supporters to build relationships, learn from each other, and continue to reshape the venture capital industry.