TPG’s Post

🎭 Diving into the realm of Venture Capital (VC), it’s a mixed bag of hope and hurdles. The fresh-off-the-press blog post on our site unravels the essence of Fearless Fund in this narrative, amidst California’s stride towards diversity through Senate Bill 54. 📜 🌉 The funding chasm for Black, Female, and LGBTQ+ founders is wider than the Grand Canyon, yet here’s Fearless Fund filling in the void with a whopping $27 million invested in 40 minority women-led ventures! 🚀 #Venturecapital #Resilientblackwomen #Venturecapitalblackwomen #Protectblackwomen

Happy Pride Month! As a fund that directly and intentionally supports queer founders and investors, we're working hard to find financial and share educational resources for you all this month. However, it's not been a very easy process as most traditional VCs haven't actively supported the LGBTQIA+ community. In fact, according to a report by Morgan Stanley, investors interested in advancing LGBTQ+ equity currently face barriers, including lack of investment opportunities (42%), limited research and data (32%) and not knowing where to begin (31%). If you're feeling a bit lost or discouraged by this lack of support in VC, please reach out to our team so we can try to come up with solutions together. #FabricVC #WeaveWithUs #VentureCapital #DiverseFunding #Investor #PrideMonth

Here are a must-know individuals to follow on your #venturecapital list

In 2023, Morgan Stanley Institute released a survey on Opportunities and Demand for Investing in LGBTQ+ Equity & Inclusion: – 0.5% of venture capital in the United States is raised by LGBTQ+ startup founders. – 67% of Gen Z investors want investment products and strategies that advance LGBTQ+ equity and inclusion. Diversity and inclusion are an integral part of the development of society. And I like the dynamics where it's going. The power of acceptance is growing, the number of products for LGBTQ+ audiences is growing, and the investor's interest is growing. We still need to find a lot of solutions on how to serve the LGBTQ+ community, and I believe the % of venture capital raised will get x5 higher in the next few years.

Several weeks ago, LaFamilia and several other organizations focused on diversity in VC & startups hosted a conversation with Cooley LLP to understand the legal background of the Fearless Fund case. Today, we’re sharing that information here alongside some collective recommendations from our organizations as to how VCs and startups can support Fearless Fund and the fight for more diversity in our industry. Read, share, and keep doing the work- unidos somos mas fuertes 💪 2Gether-International | BLCK VC | SomosVC | Chicago:Blend | Diversity VC | LGBT+ VC | StartOut

"Injustice anywhere is a threat to justice everywhere." - MLK Fearless Fund was unjustly sued for 'discrimination' because they have the audacity to help Black women succeed. StartOut and our #LGBTQ siblings stand strong with Fearless Fund and others working to make a more equal world for us all. Read our joint statement below! #LGBTQ #entrepreneurship #venturecapital #blackwomenlead

The Exit Playbook 📈 We're excited to launch Proud Perspectives - a new hub for advice, insights and stories from leading LGBTQ+ investors, founders and operators. To kick things off, Proud Ventures member Nick Telson, co-founder of DesignMyNight (acquired by Access Group) and trumpet 🎺, shared his advice on exit strategy. His top tips: - Align early with co-founders on goals - lifestyle biz or big exit? - Model the revenue, profit, and equity needed to hit financial goals - Scrutinize revenue levers and sales velocity - where's the defensibility? - Come as your authentic self when fundraising - being a great founder requires it - Let data and experience speak - diverse founders bring unique skills Dive deeper into Nick's actionable advice on strategizing an exit from day one in the link in comments. #startup #startups #advice #lgbtq #proud #founderadvice

All too often over the past two years, we've heard a similar refrain from LGBTQ+ founders and investors: "I don't know of any successful LGBTQ+ founders/investors in the UK." We've launched Proud Perspectives to help fix this. Every month we'll spotlight an awesome founder or investor from different parts of the LGBTQ+ community and have them share actionable advice and insights. First up is Proud Ventures member Nick Telson sharing his advice on how to strategise for an exit from Day 1 - well worth a read! Drop a follow on the page below to see them first.

We had a fantastic time with old and new friends at TIDE SPARK 2023 in Dana Point, CA earlier this week. The enthusiasm for and commitment to driving productive change in the investment community at the conference was palpable. At Wellington, we are supporting and developing diverse founders and entrepreneurs in the early-stage venture space via our Wellington Access Ventures platform. We are proud to be a leader in the movement to drive successful financial outcomes for organizations led by groups that have historically been excluded from the venture ecosystem (e.g., Black, Latinx, women, LGBTQ+). #insuranceassetmanagement #insuranceassetmanagementstrategygroup

#PrideMonth highlights essential issues affecting the # LGBTQ+ community. For many individuals, financial concerns impact their sense of security and happiness in their identity. Existing as queer or trans in a heteronormative world brings a significant financial impact. Kelly Ann Winget, the queer CEO of private equity firm Alternative Wealth Partners, LLC, emphasizes rethinking money and financial planning for LGBTQ+ individuals to Metro.co.uk, highlighting the importance of acknowledging 'pink money' and investing ethically. To learn more, visit: https://rb.gy/9wleks #equality #inclusion #financialsecurity #wealthjourney #pinkmoney #ethicalinvesting #financialimpact #finances #savings #investing #retirement