Research from McKinsey showed that more gender-diverse companies outperform their less gender diverse peers by 15 percent while more racially diverse teams outperform their peers by 35 percent. PE Hub, Venture Capital Journal, and Women VC published a joint report analyzing the returns of investment funds with gender-diverse versus mostly male and all-male investor teams and found the more balanced teams had returns 3.78 times higher than their less-balanced peers. When First Round Capital analyzed the performance of the hundreds of investments in its own portfolio, it found that teams with at
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