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I guess the next and final question is: what kind of scout programmes can we build, drawing from the example the US and the UK has set for us ?
Scouts are the people founders call before they go raise.
They’ll never get enough credit for this, but one thing Sequoia did was use scouts to radically increase the amount of diversity in the industry.
If you want to eventually work at a venture fund, the VC partners will look at your scout track record.
A lot of women entrepreneurs reach out to me, because there are still too few of us and it’s my mission to change that. The diligence items we go through as scouts also help me think more objectively about my own company.
Accel has found a simple way to make it stand out from the crowd: it’s given each scout a bucketload of capital.
