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Bringing in Biff is what VCs always do. Or at least always used to do. I've encountered it personally. The term they used was "seasoned executive". Biff is a be
by goodoldbiff 6y ago
Bringing in Biff is what VCs always do. Or at least always used to do. I've encountered it personally. The term they used was "seasoned executive". Biff is a better name.
I'm not doubting Timothy's experience, but if he's right, the point would have to be that VCs bring-in-Biff more often with black founders than they do white ones. Which seems entirely plausible, but that's not the argument I think I'm reading here.
- tqi 6y agoEven if they weren't bringing in Biff more often with black founders than white founders, if the pool from which they select Biff is overwhelmingly white men, the effect is still that black founders get pushed aside in favor of white men. Even if their selection process for Biff was completely gender / race blind, as long as the primary qualification for Biff is "has previously been CEO" then the next generation of companies will continue to inherit the previous generation of companies' demographics.
- gowld 6y agoIf all Biffs are white, but not all whites are Biffs, does it make sense to lump the non-Biff whites in Biff's race, for purposes of stereotype/bias analysis? Maybe "white" is too vague.
- goodoldbiff 6y agoOh I agree. But that's a different argument.