Diversity Limited Revenue (2021)

Pricing and customer count for Diversity Limited's services were not discussed in the interview. The entity does not sell a SaaS product directly to end customers; its revenue comes from consulting, analysis, and governance advisory relationships, the terms of which were not disclosed.

Diversity Limited generates revenue through multiple streams: consulting engagements, industry analysis, direct angel investments made alongside venture funds, and board advisory and governance work. The entity functions as a personal holding vehicle rather than a pooled investment fund, meaning Kepes deploys his own capital rather than managing outside limited partner money.

As of February 2023, Kepes estimated he had written somewhere between 15 and 50 angel checks over his career, with roughly 40 percent still in play, 40 percent having gone to zero, and 20 percent with unknown outcomes. Of the investments that have reached a conclusion, approximately 60 percent produced a positive outcome, defined as at least returning the invested capital. The overall portfolio is in positive territory even with the unresolved positions still outstanding. Kepes noted that the current market environment as of early 2023 is difficult and that the final shape of the in-play positions remains to be seen.

Cloudability, at the time of its prior appearance on the show, was generating approximately 20 million dollars in annual revenue and had raised 41 million dollars in total funding before its acquisition by Apptio. These figures were cited by the host and not disputed by Kepes, though they were presented as historical context rather than live figures confirmed by Kepes in this interview.

Team size and employee headcount for Diversity Limited were not discussed in the interview. Kepes operates the entity as a personal holding vehicle and did not reference any staff.