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- Bain Capital is now inviting Lydia Hylton as a female partner; ironically, the firm witnessed criticism for a Tweet they posted on International Women’s Day.
- She got to know about the BCC team over the recent few months, and she was blown away by their culture, intellectual rigour and investment judgement, she highlighted via an announcement.
- All Male Twitter photo gained resulted in roasts from the community, and now it is to look forward to how the BCC clears its image further.
Bain Capital, the prominent Venture Capital Crypto Firm, was recently in the news for a post on Twitter posted this month on the occasion of International women’s day. It also launched a $560 million crypto-specific fund. But the Tweet resulted in the folks lashing out at them for an all-male Bain Capital Crypto (BCC) team.
What are Hylton’s thoughts on Bain Capital Crypto?
This All-men team is changing now, as Lydia Hylton is joining the team as a partner.
According to an announcement post by Lydia Hilton, she got to know about the BCC team over the recent few months, and she was blown away by their culture, intellectual rigor, and investment judgment. They have pontificated a lot about protocol defensibility, reflexivity, and value accrual in the infrastructure stack. And that she is excited to explore some of these topics working with an exceptional team.
Earlier, Lydia Hylton has worked for Redpoint Ventures, a generalist capital venture firm that invests in seed, early, and growth-stage projects. Hylton further signified that she is interested and would focus on Decentralised Finance (DeFi), consumer Web3, and decentralized autonomous organizations (DAO) at Bain.
Stefan Cohen, Bain Capital Executive, posted an all-men photo in a tweet on March 8 and gained huge criticism for that. Although later, he deleted and apologized, highlighting that the firm was committed to hiring women, investing in women-led projects, and being a driving force in the industry for sponsoring the creativity and genius of women, non-binary people, and people of color.
Bain Capital had followed Sequoia in launching a crypto-specific fund, and it was followed by a $250 million capital commitment from Bessemer Venture Partners towards the projects related to the crypto industry.
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Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
