New $25 million St. Louis venture capital fund to boost minority startups [Video]

The venture capital space is overwhelmingly represented by white-owned companies. A St. Louis-based firm is hoping to change that by investing its millions in underrepresented founders whose ideas are being overlooked. Ascend Venture Capital founder Dan Conner and partner Yinka Faleti discuss how VC firms can increase diversity — and make huge returns at the same time.