We are privileged to live at a time when diversity is not only appreciated but encouraged. Yet despite the national conversations surrounding gender diversity in the workplace, the world of Venture Capital has remained almost exclusively a boy’s club.Sure, every VC these days loves to attach the words “diversity” and “inclusiveness” to their LP presentations but look behind the perfectly designed memos and the reality is stark. A comprehensive data set of every VC in the U.S.
that “without a VC industry that is truly diverse and reflective of the society it is investing in, the startups they're funding can't really be expected to promote and deliver best practice around diversity."Gender diversity is not only better for the global community and tech innovation, but also produces financial gains for the VCs themselves. It is time for VCs to break out from bro-culture and encourage diversity beyond mere lip-service.
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