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by throwaway435232 4018 days ago
Ah, your response is good but very wide and 'systemic', i.e. what society as a whole can do over decades. But in the meantime, VC's are free to make their investment decisions, so I was wondering what you thought they should do differently to make a difference, today. Should it be quotas or minimum investments for people from alternative backgrounds? Or, what can VC's do to help level the playing field? If they receive smaller amounts of dealflow from alternative backgrounds, it's hard for them to apply their usual methods of investing... i.e. they might not even get access to opportunities from those backgrounds. what, then, could be done?
2 comments

I didn't get your rant until this comment thread really showed me what kind discourse you're looking for and how the other poster was being inflammatory. On your side.

Now, on this topic, maybe it would be possible to establish a matching fund (maybe crowd-sourced, angellist style?) that gives some amount of matching funding in order to incentivize those VCs investing in demographic outliers, lowering the potential economic risks to investing in first-time, first-generation founders and non-Stanford/MIT grads.

I see your point. Honeslty, there is probably nothing VCs can do to solve this problem. They are but a small snowflake in this avalanche.