Improving Diversity in Venture Capital

Lo Toney, founder of Plexo Capital, discusses the firm's mission to invest in early-stage funds led by women and minorities. He explains their investment strategy, focusing on enterprise and consumer sectors, and the decision-making process for direct vs. fund investments. Toney addresses the lack of diversity in Silicon Valley and highlights the importance of non-traditional paths in venture capital. He also discusses market valuations, corporate governance, and shares top investment picks like Blavity and PlayVS.

What is the primary mission of Plexo Capital?

• To invest in real estate

• To support early-stage funds led by women and minorities

• To acquire large corporations

• To focus on technology startups only

Which sectors does Plexo Capital prefer to invest in?

• Retail and fashion

• Healthcare and pharmaceuticals

• Enterprise and consumer

• Automotive and aerospace

What is a key factor for Plexo Capital when evaluating an entrepreneur?

• Their ability to execute and hire the right team

• Their previous job titles

• Their educational background

• Their social media presence

How does Plexo Capital decide between direct investment and fund investment?

• Based on the size of the company

• By evaluating the potential of venture capital firms

• By the location of the company

• Through a random selection process

Why does Plexo Capital believe diversity is important in venture capital?

• It is a government requirement

• It provides unique networks and perspectives

• It leads to higher profits

• It attracts more media attention

What is Lo Toney's view on market cycles and investment opportunities?

• Only established companies should be considered

• Investments should be paused during downturns

• Great opportunities exist across all market cycles

• Opportunities are only present in a booming market

Which company is mentioned as a top pick by Plexo Capital?

• Tesla

• Blavity

• Amazon

• Netflix