diversity in tech
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Silicon Valley leaders are once again declaring ‘DEI’ bad and ‘meritocracy’ good — but they’re wrong
Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.
“I think a lot of the narrative that many investors put out there about investing in more Black founders was mostly just talk.”
“Women of color are the most founded, entrepreneurial demographic. They are just the least funded.”
At a time when the tech workforce has a dire need for more skilled individuals — especially women — now is the time to enlist and empower this motivated group.
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Potential down market could temper VCs’ promise of more diversity
Venture hiring by definition is exclusive. Legally, investors have to be able to fork out their own capital, ranging from hundreds of thousands to multi-millions, to join as a partner of a fund, meaning to be a senior partner typically requires some personal wealth. The industry is exceedingly gender imbalanced,…