“Diversity on the cap table”
I’m thinking coloured cells, racy fonts?
Maybe shares percentages that total to something other than 100%
Personally I like the diversity of having 5 classes of shares, one for each shareholder, ideally. Then you just watch the idiots forget what their class rights are and you wonder why they bothered in the first place.
And here’s another thought for the woke entrepreneurs: you don’t want diversity in your investors. You want them all to be exactly the same so you can reliably predict how they’re going to behave.
That lack of predictability is why I hate investment from HNWs, angels, universities and corporates. It’s like herding cats
One of your key jobs as CEO is to remove all unnecessary risks from your startup, such as weird and unexpected investor behaviour. Even if know how to remove unnecessary risks, you’ll still need luck to be successful.
So, please, keep away from diversity on the cap table. It ain’t a charity.
To be clear,I don’t give a rat’s arse about my investors’ skin colour, gender or sexual preferences. All I care is that they think and act like every chino-wearing white-bread golf-playing VC investment manager ever born.
To be clear, I don’t want diversity if that means I can never get them to agree on a critical business matter.
In startups, investor diversity sucks.
offshore westerly 