> A couple months ago, one VC firm (almost certainly unintentionally) published a study showing bias of this type. First Round Capital found that among its port

> A couple months ago, one VC firm (almost certainly unintentionally) published a study showing bias of this type. First Round Capital found that among its portfolio companies, startups with female founders outperformed those without by 63%. Well, they also said in their study: > And we are not claiming that our data is representative of the industry...or even statistically significant. Also, the wording is "startups with a female founder", not exclusively female founders... I think this is a detail that shouldn't be ignored. And, the study doesn't show how many companies out of the 300 had female founders! Maybe it was just 1! They also say "Solo Founders do Much Worse Than Teams", so this is an important detail if there are no solo female teams ever backed in their firm! etc etc, the list goes on. Not exactly strong evidence to support the point PG is making, that bias would be easy to detect. Measuring performance purely in terms of "how much money I make" is one way of doing it, but not the only way. And it wont cover the majority of jobs on the planet (how do you measure performance of someone who stacks shelves in a supermarket?)