Closing the

Equity Gap

Creating Wealth and Fostering Justice
in Startup Investing

An entrepreneur and a social activist remake the future of investing and business, offering a groundbreaking “win-win” roadmap for creating wealth and addressing inequalities by investing in groundbreaking tech companies that defy assumptions from Silicon Valley to Wall Street.

Closing the

Equity Gap

Creating Wealth and Fostering Justice in Startup Investing

An entrepreneur and a social activist remake the future of investing and business, offering a groundbreaking “win-win” roadmap for creating wealth and addressing inequalities by investing in groundbreaking tech companies that defy assumptions from Silicon Valley to Wall Street.

Purchase the Book

Available in hardcover, e-reader, and audiobook.

Building A More Equitable Society

Companies backed by venture capital drive the U.S. economy, accounting for hundreds of billions of dollars in sales and profits. The problem is that most of the wealth created winds up enriching elites while the businesses funded by venture capitalists widen economic inequality. Committed to doing things differently, tech venture capitalists Freada Kapor Klein and Mitch Kapor launched Kapor Capital to prove that investing in gap-closing startups—companies whose services or products close opportunity gaps for both communities of color and low-income communities—is good business. Over the past decade, they’ve broadened the definition of success to include profits and accountability for the impacts a business has on employees, communities, and the planet, helping to launch close to 200 companies engaged in achieving social and economic justice while showing remarkable growth, with many valued in the hundreds of millions or billions of dollars.

 

What Readers
Are Saying

Kirkus Reviews

Decrying the fact that most venture capitalists “worship in the church of greed,” Klein and Kapor, founders of the impact investment firm Kapor Capital, offer myriad examples of businesses they have supported that are focused on doing good—specifically, on closing “gaps of access, opportunity, or outcome for low-income communities and/or communities of color.” An impact investment firm, the authors explain, aims to get a substantial return on their investments by funding entrepreneurs “whose own life experiences compel them to create companies and build wealth that will solve the difficult problems that they personally had to overcome.” Not surprisingly, those people come from underrepresented groups, including immigrants and children of immigrants, racial minorities, women, and individuals who identify as queer. At Kapor Capital, write the authors, “every person involved in making the fund’s investment decisions is a person of color.”

Read More

UPCOMING

Speaking Engagements

Amazon

Barnes & Noble

Audible

Bookshop

IndieBound

Apple Books

HarperCollins

In the News

Read the latest articles on the efforts and successes of Freada Kapor Klein and Mitch Kapor as they continue to invest in Closing The Equity Gap.

30 Minute_Mentors

Mitch Kapor Joins Adam Mendler on 30 Minute Mentors

Podcast

Listen to Mitch as he discusses his journey as a software pioneer and shares his best lessons and advice while navigating the tech industry. 

Motley Interview

Motley Fool Ventures interviews Kapor Capital Founding Partners

Motley Fool LIVE

Watch Freada and Mitch discuss their approach to closing the gap between tech start-ups and low income or underrepresented communities. 

Ellevate

None of Us Are Free Until We Are All Free

Ellevate Podcast

Freada Kapor Klein discusses sexual harassment in the workplace, closing opportunity gaps for lower-income individuals, and the need for intersectionality in everything we do.

mission driven podcast

Learn how the Kapor Capital Founders got their start

Better Ventures

Freada and Mitch discuss their mission to make the tech industry more diverse and inclusive, imparting lessons on the power of investing in companies that better serve society. 

cms_podcast_image_47_2

ESG culture wars, lessons about investing for impact

GreenBiz

Kapor Capital founders chat about diversity, rethinking startup compensation and the role of corporations in supporting diverse entrepreneurs.

Bloomberg books

The 52 Books That Business Leaders Are Recommending

Bloomberg

Check out Bloomberg’s annual list of what the most powerful people in business will be reading this year, and why. 

UpFrontSummit_2023_06535.jpg

At Upfront Summit 2023, AI is the omnipresent celebrity

 

TechCrunch+

Freada Kapor Klein and Mitch Kapor were among a panel of investors at the Upfront Summit discussing the future of generative AI.

Untitled design-236

Tech service startup Bitwise Industries raises $80 mln in latest funding round

REUTERS
The tech service provider, that trains workers in underrepresented communities, has raised $80m led by existing investors Kapor Center and Motley Fool.
spill.png

Laid off from Twitter, now his competing app Spill is funded

TechCrunch+

Spill hopes to be a home for Black users from the get-go, since the very people building the app are part of that community.

1960x0.jpg

Kapor Capital, Black-Led VC Firm Focused On ‘Impact,’ Raises $126 Million

Forbes
The funding, which makes Kapor Capital one of the largest Black-led VC firms by assets, will help it continue to invest in “gap-closing” impact-minded startups.
800x-1.jpg

A Coalition of Tech Founders Bets Big on Public Infrastructure

Bloomberg
The new Upside Tech Alliance combines four startups that are seeking to solve problems like the water crisis in Jackson, Mississippi.

Learn More About the Kapor Family of Organizations: