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Absolutely right. Vivek Wadhwa has this long-ish piece in which he writes about this and the part that touched me the most was this "During the interview, I re
by trustfundbaby 13y ago
Absolutely right. Vivek Wadhwa has this long-ish piece in which he writes about this and the part that touched me the most was this
"During the interview, I relayed my own experience in building a tech company in the Deep South of the US. When I was looking for funding for my second start-up, local VCs wouldn’t even return my phone calls, despite the fact I had previously helped build a public company with $120m in revenue. In Silicon Valley, an entrepreneur with credentials like mine would have had dozens of VCs knocking on his door. But the advice other successful Indians gave me was to have “a white guy” on my management team to deal with the VCs. So that’s exactly what I did. I went on to raise millions in venture capital."
On one hand you see the drive that ultimately made Wadhwa a successful man, but you also see the compromises that he had to take to get there that are completely abominable to certain groups (American born minorities specifically).
Even more important is this point which goes directly to Chloe's disdain for Sandberg's call for women to come together as a group
"When we researched why Indians had been successful, we learned that they had gained significant benefits from the social and professional networks they had formed. These helped to mobilise the information, know-how, skills and capital needed to start technology firms. The Indian networking organisations were among the most vibrant and active professional associations in the region, with memberships ranging from several hundred in the newer associations to over one thousand in the established organisations."
This method of forming niche groups to support gender and ethnic minorities has proven to be successful, which is why I was so disappointed to see Chloe dump on it.