Fred Groce, Principal at Storm Ventures and founder of Blck VC, shares authentic stories of startup investments that succeeded and failed. He describes how to identify the X-factor in a founding team. He also talks about his initiatives to double the number of black VCs.
- Diversity is a competitive edge in the market for organizations
- Tech is not an inclusive industry. <1% startups funded by VCs are led by black entrepreneurs
- VCs are at the day-zero of company formation
- Distilling ideas into its purest form is a skill not a lot of people have
- Non-profit: Black VC)