8 VCs discuss Roe v. Wade overturning, VC and midterm elections • CableFree TV

Published by
Peter Kavinsky

reversal of Roe v. Wade shocked the US, and while the country is slowly recovering, the venture capital community is already beginning to act. The founders are re-evaluating where they open their businessunwilling to lure employees into a state that does not support reproductive rights, and investors are considering adding healthcare to environmental, social and governance criteria to help spur innovation in space.

And as the midterm elections approach, the stakes are only going up for people who stand for reproductive access, equality LGBTQ+ communityand in some cases just general equality. It is critical to look at the role that the venture capitalist plays. Billions are to be deployed within a year, and a show of economic prowess remains one of the few ways to get the nation’s attention.

So we decided survey of eight investors regarding Rowe’s downfall, the impact of the Dobbs decision on the venture capital community as a whole, and what they think about activism through investing.

Hessie Jones, a partner at MATR Ventures, said the right to access abortion, for example, strikes at the very heart of human rights, privacy and poverty. As a result, this will affect how it conducts due diligence of companies in the future.

“Clearly, apps that have been used to help women manage their menstrual cycles could be used at the state level with warrants to identify those who might seek abortions,” she told TechCrunch. “Due diligence should go beyond the founder’s ‘intentions’ and look at current customers using the technology.”

Like many investors we spoke to, McKeever Conwell, the founder of RareBreed Ventures said that his initial reaction to Rowe’s rejection was a feeling of “extreme disgust”. He feared that this might set a precedent for other cases that could easily be overturned.

“It’s a very, very dangerous thing because we now have a group of life appointees who have the ability to set a precedent that can basically cancel or set an agenda that the public hasn’t voted on,” Conwell said.

However, he also noted that these policy decisions bear little relation to the common venture capital mantra: “Our job is to make money for people, and a lot of the people we make money for are people who don’t. take care of these rights. That is the reality of the situation.”

Read full survey here to find out how these VCs think about investing in reproductive technologies, what issues they care about and how best to promote them.

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

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