by Angela Ruth
Originally published: May 11, 2017
A 2016 Miami Herald article quoted some discouraging statistics about the state of diversity in places like Silicon Valley. It noted that less than 20% of tech entrepreneurs in Silicon Valley are women, while the market’s female leadership is in the single digits for African-Americans and Latinos.
Even the investing landscape lacks diversity. According to the same article, women make up less than 8% of all investment decision makers in venture capital firms, while less than 1% of VCs are African-American and 1.3% are Hispanic. Numerous reports, including a research study by a Harvard University research team, confirms the same troublesome gap in the tech labor market.