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Story summary
- A study by Identity.vc shows that 17.6% of European startups are founded by LGBTQ+ individuals, expected to increase to 26.1% by 2030.
- Many LGBTQ+ founders hide their identities from investors, with 77.6% viewing their identity as irrelevant to their business.
- From 2000 to 2022, only 0.5% of $2.1 trillion in startup funding went to LGBTQ+ founders.
- Identity.vc seeks to support LGBTQ+ entrepreneurs, stressing trust and openness in investor relationships.
- Discrimination in venture capital remains, with founders reporting exclusion due to stereotypes, highlighting the need for diversity and inclusion.
