Women And Minorities Left Out Of VC Funding

Given that the study cited here focused primarily on Silicon Valley, where less than a quarter of the workforce is female, and an even lower percentage are minorities – as appalling as that is – this may not be that huge a surprise.

But still… what the devil is going here? Are we not beyond this kind of thing as a nation???

 – Al

From Fast Company:

“If you want to start a new company and be really well-funded and successful, the best strategy is to be a white male who graduated from Stanford. That sounds horribly insensitive, but it’s sadly true. A new study–confirming many other studies–of entrepreneurs who received funding or an exit within the last 12 months, finds that only 4% were women and 13% were minorities.”

Read the full story.

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