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Insurance companies do the same thing: they do statistical analysis do determine factors that correlate with whatever it is they're looking for. VCs aren't in
by rcfox 16y ago
Insurance companies do the same thing: they do statistical analysis do determine factors that correlate with whatever it is they're looking for.
VCs aren't in the business of being fair; they're interested in making as much money as possible. If they find that white males are succeeding more often than other groups, they're going use that to maximize their profit.
- lwhi 16y agoInsurance companies do this, because they can't invest time in getting to know each end-user of their services personally. Venture capitalists, can and _SHOULD_ invest time in looking beyond superficial details - and ultimately be able to understand each proposal on a deep level.
- rcfox 16y agoNo argument there. I'm just trying to point out that it's not necessarily racism or sexism.