It s been only a few years since Black people began making significant inroads as professionals into the overwhelmingly white male bastion of VC, and that fragile progress is suddenly in jeopardy.
Last week, in response to someone who tweeted that VCs were racist, venture capitalist and entrepreneur Joe Lonsdale attributed disparities in venture capital investing to “average black culture.” “A real view: average black culture needs to step it up and stop having as many kids born out of wedlock (statistical indicator of underperformance) / who […]