Taking the Bias Out of VC Investing
Venture capital has a bias problem. Only 3% of venture capital goes to companies with a woman CEO and less than 1% goes to BIPOC founders. The speakers on this panel will describe why, and what they are each individually doing about it. One of the speakers co-authored a recent Harvard Business Review paper, on how pitching is biased against women. Another drafted an Aspen Institute study highlighting the business case for diversity. A third works with VCs globally to encourage funding diverse founders. Examples will be given of VC funds who evaluate companies based on performance, not pitches, and end up funding 10x more women than the industry average - while potentially making more money.
Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.