Founders Fund Adds Banister as First Female Investing Partner
- Banister was early funder of DeepMind Technologies, Postmates
- Founders Fund invested in companies from SpaceX to Facebook
Cyan Banister.
Source: Founders FundThis article is for subscribers only.
Cyan Banister, a longtime angel investor, engineer and entrepreneur, joined Founders Fund Management, becoming the first female investing partner at the 11-year-old venture capital firm.
Banister’s appointment comes as the industry grapples with its treatment of women and whether they are being fairly represented, with only 6 percent counted among the top ranks with the power to invest. For Founders Fund, which recently closed its sixth fund at $1.3 billion, Banister’s addition marks the latest in an ongoing expansion.