Add lack of educational diversity to venture capital’s gender and racial diversity problems
40%
Venture capital’s gender and racial diversity problem is well known—there are simply too many white males controlling who gets funded in Silicon Valley. But a new survey shows VC also has an educational diversity problem.
Published | Photo by AP Photo/Charles Krupa
A review of the demographics of some 1,500 venture capitalists by Richard Kerby, a partner at Equal Ventures, shows 40% went to either Harvard or Stanford.
On top of that, 82% are men and 70% are white. “It is no wonder that this industry feels so insular,” Kerby wrote in a Medium post.
