Here’s A Detailed Breakdown Of Racial And Gender Diversity Data Across U.S. Venture Capital Firmshttps://rethinkimpact.com/wp-content/themes/corpus/images/empty/thumbnail.jpg 150 150 Rethink Impact Rethink Impact https://rethinkimpact.com/wp-content/themes/corpus/images/empty/thumbnail.jpg
Chamath Palihapitiya, the opinionated venture capitalist who once got into a public spat with Ron Conway over income inequality and challenged founders to have the “courage to move to Oakland” a few weeks ago, has catalogued detailed racial and gender diversity data on venture firms throughout Silicon Valley in a report with the subscription technology news site, The Information.
Palihapitiya‘s firm Social + Capital and The Information pulled data on 71 firms representing more than $160 billion in assets under management and broke out the racial and gender mix of the investment leadership. This distinction is key because many firms have women or minorities, but they might be in non-investing roles like marketing or HR. Women, for example, make up 60 percent of non-investing roles at venture firms in the survey, but only 8 percent of the senior investment team. (You can go through the entire dataset here.)
Palihapitiya said he was motivated to do this because if the big tech companies and startups like Slack start taking diversity more seriously, so should the firms and investors funding them. (read more)
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