Name: How to use venture capital for good
Uploaded: 2024-06-06T14:56:31Z
Duration: 13 min 59 s
Description: Freada Kapor Klein isn't your typical venture capitalist. She's thrown out the standard investment playbook in order to close the opportunity gap for low-income communities. She explains how her firm is investing in entrepreneurs and startups solving real-world problems — and the measurable difference it's already making.

Freada Kapor Klein: How to use venture capital for good

How to use venture capital for good

Freada Kapor Klein isn't your typical venture capitalist. She's thrown out the standard investment playbook in order to close the opportunity gap for low-income communities. She explains how her firm is investing in entrepreneurs and startups solving real-world problems — and the measurable difference it's already making.

Where people start in life is often determined by forces outside their control, but traditional investment models widen the gap even further. By backing founders who have overcome barriers and require commitment to diversity and inclusion, a new approach proves that financial success and social impact can go hand in hand. One portfolio company helped 95 percent of struggling families repay utility bills, improving lives and city finances. With over 60 percent of investments going to underrepresented founders, this strategy delivers both top-quartile returns and meaningful change.