VC is still a boys’ club. Here’s how to end it

(Sifted) Ambiguity about sexual attraction and tension is omnipresent in the world of startup founders and funders. This is an ecosystem based on relationships. It’s no wonder that the line between professional and personal is often blurred when those relationships are forged over drinks or in intense periods of close collaboration.

It would be fair to say that this is one of the factors silently contributing to VC’s persistent lack of diversity, especially at the senior ranks. And it’s a symptom of how “unprofessionalised” the industry still is. Gut feelings, excitement and FOMO play a huge part in investment decisions for VCs and LPs alike, often harnessed in informal meetings. 

Read more here.

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