Melinda Gates is most well known as the co-chair of the Bill and Melinda Gates Foundation. But the longtime philanthropist is also the founder of a for-profit organization called Pivotal Ventures. Through her for-profit enterprise, Gates is trying to increase the number of women and minorities in tech by funding venture capitalists who invest in more diverse entrepreneurs. Such funders are known as limited partners (LPs), but the name is misleading because LPs hold the purse strings and can set a VC’s agenda if they want to. Marketplace Tech host Molly Wood spoke with Melinda Gates about how being at the top of the VC food chain can have an impact on the whole system. (06/07/2018)
Melinda Gates: "Nobody actually collects good data about women’s lives."
Melinda Gates is honored by Helen Keller International at its 2015 Spirit of Helen Keller Gala at the New York Public Library. Bryan Bedder/Getty Images for Helen Keller International