LGBT+VC Interview

#649 Great.com Talks With... LGBT+VC

In an industry dominated by exclusivity, LGBTVC is making it its mission to open doors for LGBTQ+ individuals in the world of venture capital. Access to funding is one of the largest hurdles LGBTQ+ entrepreneurs face, often compounded by the lack of networks and mentorship. LGBTVC is changing that by bridging the gap between LGBTQ+ founders and the investors who believe in their vision.

Today we talked with Jackson Block, the founder of LGBT+VC, about how, at their core, they are more than just a venture capital initiative. It’s a movement aimed at leveling the playing field for LGBTQ+ founders, ensuring they are given the same opportunities for success as their non-LGBTQ+ counterparts. Their work is built on fostering a community of investors and allies who recognize the importance of diversity, not just as a social imperative but as a driver of innovation and growth.

Building Bridges for LGBTQ+ Entrepreneurs

LGBT+VC, short for LGBTQ+ Venture Capital, is a platform that seeks to diversify the venture capital landscape by focusing on the intersection of LGBTQ+ identity and entrepreneurship. Their mission is simple yet powerful: to support and uplift LGBTQ+ entrepreneurs and investors by providing financial backing, networking opportunities, and visibility in an industry that has long overlooked them.

One of the core strategies of LGBT+VC is building networks of LGBTQ+ investors who are dedicated to supporting businesses led by LGBTQ+ founders. This network is essential because it not only provides the necessary funding but also ensures that these businesses receive mentorship and resources from people who understand the unique experiences and challenges faced by LGBTQ+ entrepreneurs. This collaborative approach fosters a sense of community and mutual support within a historically marginalized group.

Beyond financial investments, LGBT+VC also focuses on education and advocacy. They work to raise awareness about the importance of diversity in investment decisions, not just from a social perspective but also from an economic one. Numerous studies show that diverse teams often outperform their less diverse counterparts. By shining a light on this, LGBTVC is making a compelling case for why venture capitalists should actively seek out and invest in LGBTQ+ founders.

LGBT+VC is also committed to addressing the systemic barriers that keep many LGBTQ+ individuals from accessing capital in the first place. Whether it’s discriminatory lending practices or the lack of access to high-level networks, LGBTVC’s goal is to break down these barriers and create a more inclusive, equitable financial ecosystem.

Want to know more about them? Make sure to read their stories, as every one of these stories matter, and to follow them on Instagram.