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johnwaldie | 5 years ago

Hello! All the companies we selected have large growth opportunity given that their products are intended to assuage the harsh realities of COVID. All finances are published on the startup profiles and for most, this is their first money in. The XX mentor team is a founder community of 50 founders, each w/ several years of experience running our own companies, collectively valued over $4B. As with all early-stage startup investing, it can be risky, but our team's extensive operating experience gives us unique insight in to selecting the founders most likely to be successful. We often have more operating experience than most VCs. Additionally, companies across the world applied and the final cohort included a diverse contingent w/ 31% female and 47% PoC. These numbers are more diverse than you'll see in any venture portfolio and as it has been well established, diverse team outperform those that are homogeneous. Our global pipeline gives us substantial competitive edge. Finally, regarding competition, most companies have pitch decks that outline the market landscape and the founders are happy to answer Q&A on the Wefunder profile to help investors understand competition and other risks.

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