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Ten Leading VCs Team Up On A $50 Million Fund To Back Underrepresented Investors Share to Facebook Share to Linkedin Screendoor s 10 founders teamed up across VC firms to launch a fund-of-funds to back emerging fund managers from underrepresented backgrounds. Screendoor Would-be venture capitalists looking to raise a fund for the first time often face a chicken-and-egg problem: to raise money, they’re expected to demonstrate a track record of promising startup investments; to build such a portfolio, they need to raise money. It’s a challenge felt even more by emerging fund managers from underrepresented backgrounds, say Homebrew partners Satya Patel and Hunter Walk. “What we heard over the last few years as we got approached by new managers hoping to raise funds was that were plenty of opportunities for them to get counsel or mentorship, but what they really needed was capital,” Patel says.

New yorkUnited statesSatya patelChris howardCharles hudsonShauntel garveyGeorge floydLos angelesAileen leeLeah solivanKanyi maqubelaJames irvine foundationZane venture fundCowboy venturesFika venturesKirsten green