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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