TL;DR
Serena Williams has made significant strides in the world of venture capital through her firm, Serena Ventures, which focuses on supporting underrepresented founders. She aims to bridge the disparity in funding for women and people of color in the VC industry.
Summary
Serena Williams, known for her dominance in tennis, has also ventured into the world of venture capital. In 2013, she founded Serena Ventures to address the lack of opportunities for women and people of color in the VC industry. Williams highlighted the stark statistics showing the underrepresentation of these groups in VC funding, with less than 2% going to women and even less to people of color. Through Serena Ventures, she strategically invests in various sectors, emphasizing partnerships that align with her values. Her firm boasts a portfolio where 68% of investments are in companies led by women or people of color, showcasing her commitment to inclusivity and diversity in the VC landscape. Moving forward, Serena Williams continues to advocate for increased representation and equal opportunities in venture capital, drawing from her own experiences to empower the next generation of entrepreneurs.
