When we first aired this story earlier this year, I said to stop me if you’ve heard this before: 91% of venture capital investment goes to men, and almost 80% of those men are white. It’s probably because 90% of venture capitalists are men — mostly white.
But new data shows that VCs are leaving a lot of money on the table by only investing in people who look like them. Morgan Stanley put out new information this past fall saying venture capital as an industry could be missing out on as much as $4 trillion in value by not investing in more diverse founders.
Image: https://www.marketplace.org
