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Venture capital can turn a person with a great idea into a person that runs a company. “We are looking at companies and technology well before everyone else recognizes what it is and where it’s going,” says Ann Miura-Ko, co-founding partner at the VC firm Floodgate. She was an early investor in Lyft, TaskRabbit, Refinery29, ModCloth and more, and she's on the show this week telling us what venture capitalists do and their role in closing tech's diversity gap.

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Follow Kai Ryssdal at @kairyssdal