The monumental challenge of tackling venture capital's systemic lack of diversity is going virtual with programs from Diversity VC and Included VC moving online.
are occupied by women, according to a report from Diversity VC. It's a self-perpetuating prophecy: most of the industry's capital still flows to a relatively narrow group of founders who tend to have things in common with the VCs themselves.Instead of running its normal "Future VC" internship program for 30 people, Diversity VC decided to run a series of online webinars and mentoring sessions for 300 people.
Check Warner, co-founder and CEO of Diversity VC, said she was concerned that the coronavirus pandemic will have a negative impact on diversity and inclusion in VC. "Stifling diversity of thought in this way is bad for everyone: for VCs, and for tech entrepreneurs. That's why, in the face of the obstacles, we are keen to ensure Future VC 2020 goes ahead this year."
Other initiatives that aim to support start-up founders from diverse backgrounds have also moved online in response to Covid-19.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
12 affordable online MBA programs that will help you land a 6-figure job after graduation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
U.K. Racetrack to Become First 'Dedicated Socially Distanced Venue'Virgin Money Unity Arena in Newcastle, England can accommodate 2,500 people while maintaining social distance mandates
Read more »
'Self Care' by Leigh Stein reviewIn Leigh Stein's new novel, 'Self Care,' pioneers in 'the wellness space' backstab each other, in a satire that already feels 100 years old.
Read more »
Sinikiwe Dhliwayo Wants to Make Yoga More Accessible (and Affordable) For Black PeopleSinikiwe Dhliwayo created Naaya after entering yoga classes that lacked diversity. She created Naaya to bring accessible and affordable classes to people of color.
Read more »
What to watch today: Wall Street looks to build on last week's momentumU.S. stock futures soared Monday as investors hoped to continue last week's strong gains.
Read more »