Startup Sales — 5 Common Sales Mistakes by Founders
August 12, 2025
Founders are responsible for the first sales a startup will make. For many founders, this is one of their very first experiences of sales and mistakes are often made.
Today, Sterling Road is releasing our 4th annual diversity report.
Across Fund III, we see over 50% of our investments are in founders from overlooked backgrounds.
We recognize there is a lot more work to be done around diversity, and it is ongoing. In Fund III we’ve seen a slight increase in Female and LatinX founders, with Female Founders rising from 33% to 35% and LatinX Founders from 8% to 11%, year over year. While there’s been a small decrease in Black founders, from 25% to 24%.
Sterling Road remains more focused than ever on founders coming from the UK who want to build their business in Silicon Valley. Sterling Road will continue to expand outside of Silicon Valley’s traditional tech hub to find entrepreneurs who want to build here, but are from places like the UK and Europe.
Sterling Road has been very fortunate to find incredible teams from overlooked backgrounds and locations, and we plan to continue this approach.