Marketplace Tech

Creating diverse venture capital firms is possible, if you’re willing to do it


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Venture capital firms are known for being an incredibly exclusive group. The firms themselves are often small. Even smaller is the number of partners, the actual decision-makers who control hundreds of millions — sometimes billions — of dollars. At the biggest firms, there might be a dozen partners maximum. And if you’re an entrepreneur who wants some of that money, it definitely helps to have gone to college with one of those partners. Kapor Capital is trying to be more inclusive in whom it promotes and funds. One way it’s different: It finds founders primarily through a submission form on its website instead of networking. Molly speaks with Mitch Kapor, the firm’s founding partner.

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