How Base10 Is Taking On Diversity in VC

The video discusses a new fund focused on real-world automation, targeting sectors like construction and waste management. It emphasizes solving problems for the 99% rather than focusing on advanced technologies like deep neural networks. The fund, led by a black investor, highlights the importance of diversity in investment. The speaker shares their personal journey and the significance of diversity in the tech industry. The video also covers the success of Cabify, a regional competitor to Uber in Latin America, and its focus on community and regional needs.

What is the primary focus of the new fund discussed in the video?

• Solving real-world problems for the 99%

• Developing new AI technologies

• Investing in luxury real estate

• Creating entertainment content

What is the fund's approach to technology in solving problems?

• Technology is not considered at all

• Technology and problems are equally prioritized

• Problems are prioritized over technology

• Technology is prioritized over problem-solving

How was the fund's focus on real-world automation received by investors?

• It was seen as a breath of fresh air

• It was considered too risky

• It was criticized for being too traditional

• Investors were indifferent

What does the speaker believe about automation?

• It should only benefit the wealthy

• It is unnecessary in today's world

• It could be beneficial for everyone

• It will replace all jobs

Why is the fund's leadership by a black investor significant?

• It is the first fund to invest in AI

• It highlights the lack of diversity in tech

• It aims to exclude other racial groups

• It focuses solely on African markets

What unique position does the speaker believe they hold?

• Being the only investor in real estate

• Being a black investor in a diverse fund

• Being the first investor in Cabify

• Being the only investor in AI

What is one of the reasons for Cabify's success in Latin America?

• Its focus on regional communities

• Its exclusive use of electric vehicles

• Its partnership with Uber

• Its low-cost pricing strategy