Investors and startup founders think tech’s diversity problem will solve itself

Investors and startup founders think tech’s diversity problem will solve itself

The situation is as depressing as it is well known: Diversity in startupland and venture capital barely exists. Female founders received just 7% of the $60 billion in venture capital deployed last year while Black male founders received 2%. And those who control the money look like those who they’re funding: 98% of VCs on senior investing teams are white or Asian males. And this is despite the data that shows that diversity leads to better results and helps companies make more money.

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Why Diverse Teams Are Smarter

Why Diverse Teams Are Smarter

Big Law Business: Diversity and Inclusion Annual Report