Blog excerpt provided by Rev1 Ventures.
Written by Tom Walker.
Companies with diverse founders, leaders, advisors, and teams achieve better financial results. Racially and ethnically diverse companies are 35 percent more likely to out-perform; gender-diverse companies are 15 percent more likely to exceed their peers.
At Rev1, we take these results to heart. We are diverse. The diversity of our portfolio companies is four times industry averages for technology-based startups and at 44 percent among Rev1 Labs residents. Companies completing the Rev1 Customer Learning Lab are more than 50 percent diverse.
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Originally published July 28, 2017.