4 ms·

According to the article he ignored any women in the audience (at least 2 according to the article)... The point of contention, as clearly stated in the articl

by new299 10y ago

According to the article he ignored any women in the audience (at least 2 according to the article)... The point of contention, as clearly stated in the article, was that he appeared to be actively looking for female founders... but making no actual effort. Your other points are largely irrelevant to the situation but... VCs are not the 100% rational actors you seem to think they are. They don't do DD the way you think they do DD. It's just not a 100% efficient, unbiased system. They're also in many cases not really looking for a "quick ROI". More often than not they're actively avoiding a "quick ROI"... Implicitly, I think it's likely that VCs /do/ care about race and gender. I think it's likely that many VCs have a subconscious picture of what a "good" founder looks like, and that incorporates gender/race biases.

chinese_dan 10y ago
"They're also in many cases not really looking for a "quick ROI". More often than not they're actively avoiding a "quick ROI"..." Every VC I've ever met is looking for an ROI within 1-2 years. Compared to the regular pace of a company where you could make a profit in 5 years, it's quick. "Implicitly, I think it's likely that VCs /do/ care about race and gender." Being called a 'sexist' or a 'racist' can mean the end of your company/career these days, so I seriously doubt a VC is going to have any bias towards women. I also don't really like when people use the term 'implicit racism' because it means you will never be able to prove it one way or another. You are trying to read the mind of a person and finding them guilty in the court of public opinion.