It's no secret that the venture capital industry is too male-dominated, which is a result of many factors - unconscious biases, stereotypes, the 'motherhood penalty', not recruiting enough candidates from non-traditional paths, and many more.
According to a 2020 report from Women in VC - the world’s largest community for female investors, only 4.9% of VC partners in the U.S. are female. Of that percentage, the majority are still white. Just 0.2% of VC partners are Latinx women and 0.2% are Black women. We need to do more and do better to change this. The diversity numbers for founding women partners also require significant improvement - only 0.8% are women of color, which is less than 1% of all VC partners in the U.S. But, it's not all that grim - this research has found that over the last five years, the number of women-led funds has nearly quadrupled, and there is evidence this rise is accelerating.
Image: https://www.forbes.com
