Our guests today are Vincent Diallo and Joseph Sartre, founding partners of Interlace Ventures. Interlace is a seed stage fund that invests in founders that are re-inventing commerce and retail for better consumption. We focus this conversation on their learnings in innovation when they both worked in China, opportunities in future of retail they are focused on in the United States, and how we can make venture capital more inclusive.Highly recommend following them on Twitter @Vincent11D and @josartre. You can also follow your host, Mike, on Twitter @mikegelb. You can also follow for episode announcements @consumervc.Some of the topics we discuss -What was your initial attraction to consumer and commerce innovation?How did Interlace Ventures come together?You both worked in China for an extended period. What are a few examples of how retail technology is different and more advanced compared to the United States?How do you think about commerce technology that doesn’t exist yet in the United States, but can vs. technology that could only work in China?What is “headless commerce” and how do you think about the software stack for e-commerce?Walk me through your due diligence process.BLCK VC's missionWhat’s one thing you would change as it relates to venture capital?