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by funkah
5280 days ago
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> A diverse group is usually more effective. Does this mean the problem will take care of itself? That is, if it is true that a diverse group is usually more effective, the products and startups that succeed should have teams which tend to be more diverse than the ones that fail. And as that happens, founders interested in succeeding would pay more attention to the diversity of their firms. |
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Here's a simple example. Assume hypothetically that due to historical differences the vast majority of investment decisions are made by a non-diverse demographic who prefer to invest in people like themselves. So even though the diverse groups outperform, it may not be enough to overcome the "unfair advantage" of easier access to capital.