When even due diligence can be biased | TechCrunch - 0 views
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recent events are the latest in a string of high profile conflicts between venture capital’s idealized version of itself as a meritocratic haven for free-thinkers of all stripes, and the more unfortunate reality of a business beset by the same problems of systemic privilege as any other that involves massive monied interests and a highly selective group of (mostly) hyper-educated, white, male elites as its gatekeepers.
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venture capital’s problems with women (and with people of color, and with sexual orientation) extend far beyond the obviously terrible behavior exposed in the excellent reporting done by The New York Times (which would have been impossible without the brave entrepreneurs who came forward to speak on the record about the sexual misconduct they had to confront).
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the study published earlier this week in the Harvard Business Review is so important. In it, the authors examined the ways that investors pose different questions to the men and women they’re vetting for potential investment dollars… and the ways that those questions and their responses impact financing.
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