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Jennifer Fonstad and Theresia Gouw believe there’s money to be made in bringing diversity to Silicon Valley. That’s why they left their respective venture capital firms last month to start Aspect Ventures, a fund that aims not only to invest in early-stage mobile startups but to infuse these fledgling companies with some added gender and cultural diversity.

Image: Theresia Gouw and Jennifer Fonstad discuss a possible investment with Silicon Valley startup UrbanSitter. Photo: Talia Herman/WIRED