Rethink just scored half a billion to back women founders

Patel argues Rethink’s mission also helps it steer clear of venture capital bubbles. “The way that VC bubbles grow is by investors all chasing the same deals and the same types of deals, and that's what drives up valuations to staggering numbers that are not sustainable and always burst over time. We are just playing a different game,’’ she says. “Women are starting 40% of all tech companies and beyond that, are launching new businesses at two times the rate of men. So we just feel like the opportunity is enormous and completely untapped.”

Rethink just scored half a billion to back women founders

Patel argues Rethink’s mission also helps it steer clear of venture capital bubbles. “The way that VC bubbles grow is by investors all chasing the same deals and the same types of deals, and that's what drives up valuations to staggering numbers that are not sustainable and always burst over time. We are just playing a different game,’’ she says. “Women are starting 40% of all tech companies and beyond that, are launching new businesses at two times the rate of men. So we just feel like the opportunity is enormous and completely untapped.”

https://www.forbes.com/sites/maggiemcgrath/2024/09/12/meet-the-vcs-who-just-raised-250-million-to-back-women-led-startups/?ss=wealth-management

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

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Supporting women founders can help diversify VC investments and potentially avoid bubbles. Opportunity for growth is significant