Fast Company

WHY I’M BETTING ON DIVERSITY

THE PHILANTHROPIST AND INVESTOR IS TACKLING SEXISM IN SILICON VALLEY.
With Pivotal Ventures, Gates is applying lessons learned from two decades of philanthropy to venture funding.

To change the world, it helps to get capital into the hands of people who have a different vision for it. A few years ago, I began quietly investing in “nontraditional” venture capital funds—“nontraditional,” of course, being industry parlance for a fund that isn’t completely overindexed on companies led by white men. With these investments I joined a growing community of funders who believe that worthwhile investment ideas are more evenly distributed among the population than the current flow of venture capital dollars would suggest.

My journey to Sand Hill Road began, of all places, on a beach in Tanzania. It was 1993,

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