#34 Investing in Diverse Teams, Marcos Gonzalez, Vamos Ventures
Last year, a report to Congress based on data from 2017, found that almost 60 million Latinos already account for $2.3 trillion in economic activity and are projected to make up 30% of the U.S. population by the end of this year.
Another study from Stanford University found that over the past 10 years, the number of Latino business owners grew 34%, compared to 1% for all business owners, making them the fastest-growing group of entrepreneurs in the United States.
Despite these numbers, when it comes to Venture Capital, Latinos represent less than 2% of venture led companies and venture capitalists. How do we change that?
In this episode we talk to Marcos Gonzalez, Managing Partner at Vamos Ventures.
A son of Mexican immigrant parents, Marcos was the first in his family to graduate from college and is now a Brown University and Harvard Business School alumni. Marcos began his career at IBM pre-business school, and the Boston Consulting Group. He then joined the private equity industry as an Investment Officer. Somewhere in between, Marcos also co-founded a venture backed e-commerce company, grew it, and sold it before founding Vamos Ventures, a $25mm fund seeking to invest in companies led by diverse founders. Join us as we talk to Marcos and learn more about what led him to invest in early stage startups.
You can find Marcos at: