Alex Guerrero is a first-generation Mexican American who founded two software companies before becoming a venture capitalist and co-creating the widely adopted Diversity Rider, a term sheet addendum that reserves part of each funding round for underrepresented investors. At Act One Ventures, roughly 70% of his portfolio companies are led by women and people from underrepresented groups, reflecting his focus on making diversity a structural part of how deals are done rather than just stated values. Alex Guerrero is a first-generation Mexican American who founded two software companies before becoming a venture capitalist and co-creating the widely adopted Diversity Rider, a term sheet addendum that reserves part of each funding round for underrepresented investors. At Act One Ventures, roughly 70% of his portfolio companies are led by women and people from underrepresented groups, reflecting his focus on making diversity a structural part of how deals are done rather than just stated values.