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Let’s Bend That Arc! Why Menlo Invested in Gild

Updated: Nov 7, 2023

Here is an inspiring blog post by Venky Ganesan of Menlo Ventures.

The post is an articulate explanation of why Menlo Ventures invested in Gild's $13.5 million Series B round.

We love the example used from classical music:

"In 1966, the percentage of female musicians in the New York Philharmonic was zero. In fact, Zubin Mehta, the conductor of the Los Angeles Symphony and later the New York Philharmonic, once said, “I just don’t think women should be in an orchestra.”

In 2014, 44% of the musicians in the New York Philharmonic are women. Things have changed at the other major orchestras also. The Chicago Symphony Orchestra went from three women out of 104 musicians to 41 women out of 102 in the same time period. Currently, most major American orchestras are now more than 40% women."

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