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Julien Deswaef
@julien@bookwyrm.social  ·  activity timestamp 2 months ago

"Venture capitalists have a thing they like to say. "We don't invest in ideas. We invest in people." That's true in a couple of ways. Let's get the funny one out of the way: they don't invest in ideas. Check. They invest in people. Specifically, they invest in people who look like they do, because today's venture capitalist was yesterday's startup founder and vice versa. They might as well be saying "we're both investing in our younger selves, and reinvesting in the idea that we've earned our place by perpetuating the idea that the next wave of us will come from the same pool.""

— Mike Monteiro: Ruined by Design: How Designers Destroyed the World, and What We Can Do to Fix It, p. 110

#VC #startup #diversity

Mike Monteiro: Ruined by Design: How Designers Destroyed the World, and What We Can Do to Fix It (2019)
Mike Monteiro: Ruined by Design: How Designers Destroyed the World, and What We Can Do to Fix It (2019)
Mike Monteiro: Ruined by Design: How Designers Destroyed the World, and What We Can Do to Fix It (2019)
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