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Intro
In this episode of Startuprad.io, we sit down with Til Klein, Founding Partner of Identity VC, a venture capital firm with a unique mission: investing in the next generation of disruptive startups led by LGBTQ+ founders.
Join us as Til shares his journey from a background in consulting to founding Identity VC, driven by a passion for fostering diversity and inclusion in the tech industry. Discover the firm's investment thesis, the challenges and opportunities facing LGBTQ+ founders, and how Identity VC supports its portfolio companies beyond just funding.
Startupland
We had the pleasure of meeting Till at Startupland by Deutsche-Startups. You can now book a ticket for the next event in November here: https://startupland.de/ - There is still an early bird discount available!
Key takeaways from this episode:
The importance of a strong mission and vision for startups
Common mistakes founders make when pitching to VCs
How Identity VC supports its portfolio companies beyond funding
The role of AI in investment decisions
The evolving landscape of VC and the role of diversity
Highlights:
"Innovation thrives when we break from the norm. And for the LGBTQ community, breaking the norm is part of our DNA." - Til Klein
"We're not just looking for great companies; we're looking for great founders who are passionate about solving real problems." - Til Klein
"Diversity is not just a buzzword; it's a strategic advantage that leads to better decision-making and more innovative solutions." - Til Klein
Show Notes:
Website: https://identity.vc/
Startuprad.io blog post: https://www.startuprad.io/post//breaking-norms-identity-vc-invests-in-lgbtq-founders
Startuprad.io website: https://www.startuprad.io/
Timestamps:
0:00 Introduction
2:30 Til's journey to founding Identity VC
5:45 Identity VC's investment thesis
10:15 Challenges and opportunities for LGBTQ+ founders
15:30 How Identity VC supports its portfolio companies
20:45 The role of AI in VC
25:00 The future of VC and the role of diversity
30:00 Q&A
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