Anchored by an accountability platform, DECA-BILLION+ cracks the fund manager/investor code scaling capital commitments for innovation by women of all races.
Venture backed Innovations are the backbone of wealth building in our economy. Yet innovations built by all women of all races, orientations and capabilities get only a fraction of venture investment.
In a never-seen before alliance, over 1,400 women investment professionals, are rallying venture capital allocations towards women-founded companies.
Real dollars, anchored by a national pledge campaign, led by one of the largest asset allocators globally; utilizing a proven model from The Billion Dollar Fund for Women.
Executing on the pledge campaign -enabling investors to easily source, diligence and customize fund and deal investments via an institutionally robust investment platform.
What gets measured gets done. But diversity reporting has never been truly incentivized, until now. Enhanced visibility enabled by proprietary tools will make it no longer acceptable for fund managers NOT to invest into women-founded companies.
Diversifying venture capital will accelerate diversity in asset management broadly and corporate governance, female-friendly labor practices, and the availability of female life-enhancing products and services. Our lever and mechanisms are in venture capital but the societal impacts can extend much further.
The exponential rise of technology continues to disrupt all industries. Five of the largest companies by market cap — Apple, Google, Amazon, Microsoft and Facebook — were venture-backed technology companies, that have undoubtedly changed the way we work and live.1
Top quartile absolute returns for venture capital have historically exceeded those for other asset
classes, yet has not become a meaningful asset allocation for many Limited Partner(LP) investors. Further Of US VC firms that scored top quartile between 2009-2018, close to 70% had women in decision making roles.
Female founders received 2.8% of VC funding in 2019. This means all-male teams received the majority of all VC funding.3
From 1,500 startups evaluated, of which 42% had at least one female founder, these startups garnered an average $935,000 in VC investments, which is less than half the average $2.1 million invested in all-male teams!4
Diversifying venture capital will accelerate diversity in asset management broadly and corporate governance, female-friendly labor practices and the availability of female life-enhancing products and services. Our lever and mechanisms are in venture capital but the societal impacts can extend much further.
Our approach is to address the gender venture investment gap systemically: to engage more LPs to the table which will benefit our partner funds pledged to invest into female founders and beyond.
In 2021, we hosted multiple roundtables as part of the Decabillion initiative – our initiative to engage with LPs from top Foundations to Family Offices in a Chatham House rules setting to tactically address what it takes to invest more into female founders and the funds that invest in them.
This caught the attention of Mastercard’s Global Inclusive Growth Summit, where President Clinton himself spoke to our work.
Diversifying venture capital will accelerate diversity in asset management broadly and corporate governance, female-friendly labor practices and the availability of female life-enhancing products and services. Our lever and mechanisms are in venture capital but the societal impacts can extend much further.
Our strategy specifically dismantles barriers that women entrepreneurs/founders and fund managers face in accessing capital and networks; fast tracks women of all races in finance and entrepreneurship and thereby in tech by making women part of the most influential VC club and give them equality in the sphere of influence that powerfully drives society, and wealth-creation.
While our mechanisms will dramatically increase the participation of women as founders and VC-fund managers, the knock-on effects will be even more powerful within broader spheres of finance and business. Indeed, to the extent our culture lionizes unicorn creators, facilitating more lionesses will change society’s view of what women can do and what we all lose when their potential is stymied by implicit and explicit bias.
TBDF Ventures LLC (TBDFV), the organizer of Beyond The Billion (BTB), is a company serving the global consortium of investors pledged to invest beyond $1bn collectively into women-founded technology companies and funds and firms that invest in them. BTB builds on the success of The Billion Dollar Fund for Women, the initial campaign co-founded by our founders. BTB is not a venture fund, an investment bank, a broker-dealer, investment clearinghouse, or an investment adviser, but rather a forum in which investors may be educated on aspects of investment and business, as well as introduced to companies for possible investment, in particular, those led by women. Each investor and allocator pledged to BTB’s mission is responsible for his or her own investment decisions, and neither TBDFV nor BTB recommends companies or financial products for investment. Participating funds may be highlighted to various institutional and other investors and managers, with the aim of catalyzing capital towards women-founded companies; but are not guaranteed allocations from any specific fund. The Founders of TBDFV and BTB may hold interests directly or indirectly in featured funds and associated companies. Information is obtained from participant funds, believed to be reliable, but is in no way guaranteed by TBDFV or BTB. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
