Venture capital reckons with its racial disparities by Dan Primack

  • Source link: https://www.axios.com/venture-capital-racial-disparities-3cf020f5-47f7-47c4-b1c8-bbe84afb4e39.html?utm_campaign=organic&utm_medium=socialshare&utm_source=twitter
  • TL;DR: The author discusses the VC industry’s extreme racial disparities in light of the moment our country and world faces
  • How helpful?: 4/5
  • Topic Tags: racism, ethnicity, demographics, current
  • Relevant questions addressed:
  • How can the traditionally white VC industry move forward to be more inclusive?
  • Summary bullet points
  • Given the extreme racial disparities within the VC industry, the developments over the past few weeks have been a moment of reckoning for venture capitalists.
  • Many have announced large donations to organizations advocating for change, and SoftBank is starting a $100 million fund to invest in companies led by people of color
  • These things are great, but one of the most important things people within the VC industry and just people in general can do is listen to black founders, investors, and community members share their experiences of racism in order to “jump-start internal conversations”

Follow-up Links