Powerful Female Venture Capitalists Aim to Broaden Silicon Valley’s View Read more: Aspect Ventures, a New Venture Capital Firm, Will Emphasize Diversity

Will focus on the opportunities in mobile

Two of the most prominent venture capitalists in the United States have launched a new investment firm that’s generating buzz in Silicon Valley and beyond at a time of intensifying debate about diversity in the technology industry. Aspect Ventures, which was launched this month by Theresia Gouw, formerly a partner at Accel, and Jennifer Fonstad, formerly a partner at Draper Fisher Jurvetson, will focus on the booming mobile technology market.

Aspect Ventures will ultimately be judged based on its business performance, says Lucy Marcus, a top corporate governance expert. “It’s unfortunate that we have have to single out businesses started by women, but we need to do it,” Marcus told TIME. “We’ve known for years that diversity at startups is good for business. The key question is about Aspect’s business moving forward. How big will they be?”

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Date

24 February 2014

Organisation

Time Magazine

Powerful Female Venture Capitalists Aim to Broaden Silicon Valley’s View Read more: Aspect Ventures, a New Venture Capital Firm, Will Emphasize Diversity

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