Inc Magazine Posted interview written by:
Lisa Lambert talks about Intel’s $125 million diversity fund, and how entrepreneurs could be better prepared to win investments from it.
Last June, Intel rolled out its Diversity Fund, a $125 million fund that seeks to invest infemale, black, Hispanic, and Native American entrepreneurs. It instantly became the largest fund of its type, and, a year later, has made five investments under the leadership of Lisa Lambert. She also heads up Intel’s investments in software and services and is the CEO of Upward, a not-for-profit she founded to connect executive-level women.
Lambert wants her fund to make scads of money, of course. But she also hopes the fund’s success will inspire other corporate venture capitalists, as well as other VCs, to broaden their ideas about which entrepreneurs have the potential to create billion-dollar companies………read more
