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Fortune

Emma Hinchliffe, Joseph Abrams

Melinda French Gates redefines what a 'smart bet' in VC looks like

French Gates Melinda French Gates Pivotal Pivotal Ventures Broadsheet Fortune

(Credit: Michael Short/Bloomberg—Getty Images)

Good morning, Broadsheet readers! Longtime Salesforce executive Denise Dressler is Slack's new CEO, a new investigation reveals an alleged culture of misogyny and harassment at the FDIC, and Melinda French Gates has a strategy to redefine what a "smart bet" looks like in venture capital. Have a great Tuesday!

- A new definition. Melinda French Gates has always done things differently as an investor. At Pivotal Ventures, she and her team have invested in women-led funds and early-stage companies with the goal of transforming the way the venture capital ecosystem operates.

In a new op-ed for Fortune, French Gates explains exactly how that will work.

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