[conanbatt]

I think there is big potential value in a new exchange that optimizes for cheap IPO'ing rules. Something between Nasdaq and Wefunder.

I'm not persuaded by some of the ideas they have (like adding diversity to their governing board, seems designed to be exclusive to tech-startups that already have a bias toward that "value"). But if only by competition they make listing cheaper and easier it could have a big impact.

[adamsea]

> (like adding diversity to their governing board, seems designed to be exclusive to tech-startups that already have a bias toward that "value")

I do not think the bias which you think exists is reflected by the actual makeup of the boards of these tech companies, i.e., who is actually on them.

[conanbatt]

I'm pretty sure it is more so in tech than say, Oil companies or Wall street.

Also in the end when you mention diversity you end up talking about quotas, because that's the most visible application of it. California already has already set board quotas for women, thus showing you that california companies are by law already "diverse".

[elliekelly]

Several studies[1] have found that gender diversity on boards is correlated with reduced risk of fraud.

[1] https://www.ft.com/content/cdb790f8-c33d-11e4-ac3d-00144feab...

[conanbatt]

If its strictly good there is no need to make it a requirement, companies (or investors) will apply this knowledge on their bets.

Also there is a body of research that says open offices suck: doesn't mean it has to be a company governing concept.

[memmcgee]

>I'm not persuaded by some of the ideas they have (like adding diversity to their governing board, seems designed to be exclusive to tech-startups that already have a bias toward that "value").

What on Earth does this mean?

[matt4077]

It means somebody is feeling so insecure about their masculinity they can read about a new stock exchange doing about a hundred things differently than the status quo, and hone in on what strikes me as the single most benign initiative to complain about.

[AsyncAwait]

I strongly suspect the parent is one who buys into the James Damore thing of companies adding diversity for the sake of it and the like...

[conanbatt]

I can see you preach tolerance.

[conanbatt]

I define a value as an idea or concept you will appreciate at the sacrifice of something else.

Most speeches about "diversity" are mostly quota-related and, as another comment said, imply is a good on its own: thus not a value.

I have plenty of other opinions about using diversity as a value, but what you can see objectively is that if you grabbed 100 companies that are sensitive to that language, most will be tech. Thus, the selection is gravitating.