It is interesting that the web3 world is filled with all kinds of hype about how it's so different and more inclusive- but the venture numbers suggest otherwise.
That the numbers in general are so stark (and these percentages only reflect the percentage of companies funded who have at least one Black, Latinx, or woman on the founding team, not even that they are 'led' by them) is worthy of some serious investigation, even if a government task force isn't likely to be the solution.
I don't think just the identities of founders are the only thing broken in the VC model but it's telling that the numbers are SO crazy bad.
> That the numbers in general are so stark (and these percentages only reflect the percentage of companies funded who have at least one Black, Latinx, or woman on the founding team, not even that they are 'led' by them)
Micro-aggressions like using the term "LatinX" don't advance inclusivity.
That the numbers in general are so stark (and these percentages only reflect the percentage of companies funded who have at least one Black, Latinx, or woman on the founding team, not even that they are 'led' by them) is worthy of some serious investigation, even if a government task force isn't likely to be the solution.
I don't think just the identities of founders are the only thing broken in the VC model but it's telling that the numbers are SO crazy bad.