Why Investing in Diverse Companies Will Keep Future Mistakes at BayAs a guiding force behind the StandUp Ventures fund, Michelle McBane speaks of her time investing in female-led companies.

ByMaRS Discovery District

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner MaRS Discovery District sits down with Michelle McBane of StandUp Ventures to talk strategy and the inspiration behind the company's name.

McBane notes the company's name comes from the "Fearless Girl" statue near Wall Street in New York City. It's a figure the company considers both curious, courageous and reflective of the company's brand. McBane talks about how the company's goal is to invest in female-led ventures that are in the beginning of the fund-gathering stage.

The company strives to meet the evidence of its data, which shows that diverse teams perform better than homogenous teams. Noticeably, McBane, through StandUp Ventures, has seen how diverse teams make it easier to keep to their company goals and recover from mistakes later.

Click the video to hear more about StandUp Ventures.

Related:Not Listening to His Investors Was One of the Best Decisions This Entrepreneur Made

Entrepreneur Networkis a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of topYouTube channelsin the business vertical. Watch video from our network partners on demand onRoku,Apple TVand the Entrepreneur App available oniOSandAndroiddevices.

Click hereto become a part of this growing video network.

Wavy Line

MaRS Discovery District is the world’s largest urban innovation hub. Located in the heart of Toronto, MaRS supports impact-driven startups tackling key societal challenges in the health, cleantech, fintech and enterprise sectors.

More from MaRS Discovery District

This Entrepreneur Didn't Pay Himself a Salary for 5 Years After He Started His Business

How This Founder Sold Investors on Her Company's Unconventional Technology

How Tech-Infused Clothing Has the Potential to Improve Personal Health

How 3 Words Helped Change This Man's Career

Editor's Pick

Related Topics

Business News

Report: AI Will Take More Jobs Away from Women Than Men

Automation is many things, but apparently, it is not gender-neutral.

Business News

What Is a 'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Growing a Business

3 Solutions That Help Alleviate Everyday Pressures Small Business Owners Face

We live in a world with increasing pressures from stakeholders, constantly changing customer expectations and volatile financial conditions — which for many, especially business owners — can make it hard to create clear distinctions between professional and personal emotions.

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.

Starting a Business

So You Sold Your First Business and Now You're Starting a New One — Here's How to Make Sure It's a Success.

Starting a second company after selling your first can be daunting, but it's also an exciting opportunity to prove yourself and create something amazing.