Nonwhite, nonmale entrepreneurs have little access to funding

marketwatchSilicon Valley built its prowess asking the question, “What great company has not been created?” They then build it and do it again — and again.

The question suspiciously absent today in Silicon Valley is, “What great entrepreneur has not been funded?” Recent controversy over Uber’s corporate culture and, earlier, Ellen Pao’s unsuccessful discrimination lawsuit against powerful venture capital firm Kleiner Perkins Caufield & Byers, her former employer, are among the events spotlighting the problem of monoculture and homogeneity in the venture community.

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Getting to gender equality starts with realizing how far we have to go

Women remain underrepresented at every level in corporate America, despite earning more college degrees than men for thirty years and counting. There is a pressing need to do more, and most organizations realize this: company commitment to gender diversity is at an all-time high for the third year in a row.

There should be an expectation in business that the selection process is based entirely on merit...Given the disproportionate number of men to women in senior roles, business should question the soundness of their meritocracies.

Sir Philip Hampton, Chairman GlaxoSmithKline

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