The purpose of such initiatives is to counter the prevalent social bias. If two similarly educated and otherwise skilled FAANG employees pitch same idea to diff

The purpose of such initiatives is to counter the prevalent social bias. If two similarly educated and otherwise skilled FAANG employees pitch same idea to different VCs, the success ratio is tilted against POC. Rest of the causes need to be looked upon at various stages of life and via various support measures, this particular caters to racial bias.