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Ellen Pao: Meritocracy in tech is a myth

Ellen Pao: Meritocracy in tech is a myth CNN 2 hrs ago By Michelle Toh, CNN Business © Steve Jennings/Getty Images SAN FRANCISCO, CALIFORNIA - OCTOBER 04: Project Include Co-Founder & CEO Ellen Pao speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 04, 2019 in San Francisco, California. (Photo by Steve Jennings/Getty Images for TechCrunch) The biggest myth about working in the tech industry is that it s based on a meritocracy. So says Ellen Pao, the former Reddit CEO and venture capitalist, who is urging companies to take another look at how inclusive their workplaces really are as communities around the world grapple with a rise in anti-Asian hate.

When workers want to stay remote, companies will have to rethink culture

When workers want to stay remote, companies will have to rethink culture CNBC 2 hrs ago The consensus is clear: Workers don t want to go back to the office full-time. According to a recent Prudential survey of 2,000 adults who ve been able to work from home during the pandemic, an overwhelming 87% want the ability to continue doing so after the risks of the virus subside. One in three employees doesn t want to work for an employer that requires them to be onsite full-time, and nearly half say if their company doesn t extend their current remote-work policy, they ll quit to work for another one that does.

The Best Books Written by VCs That Every Startup Founder Needs to Read

Reid Hoffman and Chris Yeh s Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies is a must-read for founders looking to start and scale their business the most successful way possible. The book answers the question every founder has about how to make a startup into a global giant. Hoffman and Yeh s answer is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. Hoffman got his start in Silicon Valley as the COO of PayPal, then later cofounded LinkedIn. He is also a successful angel investor, who was one of the first investors in Facebook alongside Peter Thiel and is currently a partner at VC firm Greylock Partners.

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