Maryland Investment Firm Promotes New Model That Breaks from the Mold of Traditional VC’s

Maryland Investment Firm Promotes New Model That Breaks from the Mold of Traditional VC’s
At Maryland investment firm, TEDCO, their&nbsp;<strong><a href="http://tedco.md/press/tedco-announces-executive-promotions-strategic-evolution/">recent&nbsp;</a></strong><b>announcement</b>&nbsp;represents a strategic evolution of program offerings under the TEDCO 2.0 strategy, and multiple leadership promotions that show they have their own strategy for what makes a firm succeed &ndash; Diversity.

What makes an investment firm successful?  Is it deal flow and having access to the best potential deals and entrepreneurs?  Some say it’s being a student of market trends and knowing where the next big investments will lie.  Others will tell you that it’s all about the ability to pick good teams and judge entrepreneurial abilities and character.  Ask around in most VC circles and you’ll probably get more of the same answers.

At Maryland investment firm, TEDCO, their recent announcement represents a strategic evolution of program offerings under the TEDCO 2.0 strategy, and multiple leadership promotions that show they have their own strategy for what makes a firm succeed – Diversity.

A study from Deloitte and the National Venture Capital Association of 217 VC firms showed that only 11% of their investment leadership positions were held by women, and a dismal 2% were held by black, Latino or Hispanics.  Diversity is clearly a major problem in most firms, and it’s worse when it comes to who they invest in. Of the $60B VC funding distributed in 2015 only 7% went to women and only 2% to black male founders.

Source: biobuzz.io