The Mensarius Oath is a professional code of conduct for finance professionals to create an ethical, prosperous and healthy world.
The Mensarius Oath was developed by venture capitalists and the Founder Institute in March of 2020 to inspire a new class of ethical investor focused on both societal and economic returns. ‘Mensarius’ is a Latin noun that refers to a banker or financier, and the tenets of the Mensarius Oath were based on the Hippocratic Oath used in the medical profession.
The Mensarius Oath was first used in VC Lab, a venture capital accelerator launched in 2020 that is working to launch 1,000 new early-stage investment funds worldwide by 2025. All aspiring professional investors that enroll in the VC Lab program are asked to agree to the oath as part of joining the accelerator. As the Oath was circulated on social media, interest in the VC Lab accelerator jumped from 100 venture capitalists applicants in the first cohort of 2020 to over 1,000 applicants in the second cohort.
The full Mesnarius Oath is below, and there is an online copy for commentary available here.
The Mensarius Oath
As a financial professional that invests in enterprises using personal or investor capital, I hereby pledge to honor these values. If it is determined by myself or a panel of my peers that I have violated these values without reconciliation agreed between all involved parties, then I will voluntarily leave the industry for the rest of my career.
As a steward of the trade, I work against any abuse of power that leads to unfair advantage, seduction, corruption or mistreatment.
We invite any prospective venture capitlists to learn more about the VC Lab program here and start the jounrey of launching an ethical venture capital firm.
If you are a startup investor, advisor, or leader interested in learning about joining the 400+ program directors worldwide in running a local chapter of the Founder Institute's proven pre-seed accelerator, go to FI.co/Lead.