Why (re) define venture Venture capital is living in a bygone era. Our industry uses its capital to fund disruption but, ironically, has done little work to disrupt itself. Hierarchy and homogeneous networks still dominate. Affiliated wealth creation is limited to closed networks of people. And the “game” is played with “rules” that don't best serve founders. We know that having a diversity of perspectives leads to better outcomes. Having more perspectives around the table leads to more debate, fewer blind spots, and better ideas generated. And more perspectives = understanding of larger population = larger addressable market. Just as importantly, for more and more founders, It's not just about building a successful company, it's about doing it with the right values. It's not just about making money, it's about whom they're making money for. Ultimately, the old venture tropes - classic pattern matching, extreme emphasis on ownership, the assumptions that founders will educate investors on their space - are no longer serving anytime. A change is far overdue. We believe VC should not only fund the future, but live the future.