One Way Ventures is structured as an "immigrants-only" VC fund that exclusively backs startups where at least one founder is an immigrant, with founding partner Semyon Dukach applying probabilistic thinking from his background as a former MIT Blackjack Team leader to evaluate immigrant founders and venture risk. The fund's leadership are themselves immigrants who position immigrant status as a competitive advantage and signal of grit, arguing that immigration and entrepreneurship are both "one-way journeys" that select for relentlessly resourceful people.
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