Last month, on International Women’s Day, Bain Capital Crypto announced a $560 million crypto-native fund with an all-male partnership behind it. While all-male teams are an unfortunate commonality in venture and crypto, the irony of the homogenous announcement on a day dedicated to representation was swiftly met with backlash on Twitter. It was enough to prompt Bain Capital executive Stefan Cohen to apologize and affirm the outfit’s commitment to “hiring women, investing in women-led projects, and being a driving force in the industry for sponsoring the creativity and genius of women, non-binary people, and people of color.”
Read more from the source Yahoo Finance: Lydia Hylton on why she joined Bain Capital Crypto despite That Tweet, Published by: Natasha Mascarenhas