If you're working in Venture Capital or are fundraising from VC's, the odds that you're engaging with mostly white men is very high.
According to a survey by Richard Kerby at Equal Ventures, the VC industry is comprised of 58% white men, followed by 20% Asian men, 11% white women, 6% Asian women, 2% Black men, and 1% Black women, 1% Latinx men, and nearly 0% are Latinx women.
And when you consider "who controls venture capital dollars", in other words "who gets the bulk of the carried interest, salary... and ultimate control over which startups get funded", it's 93% white males.
Meanwhile, a report by McKinsey and Company shows that diverse working environments financially outperform homogenous workforces by as much as 35 percent.
The Venture Capital industry is missing out on diversity of people, ideas, ventures, and ultimately higher returns.
If you're interested in helping improve diversity at your VC fund, check out these resources to start taking actionable steps forward.