the pressure is on for vc firms to take diversity seriously

(Institutional Investor) Venture capital firms are facing increasing scrutiny from limited partners for their limited progress on diversity, equity, and inclusion.

Forty-seven percent of VC firms surveyed by Deloitte said LPs had requested DEI information in the last 12 months, up from 41 percent in 2020 and 36 percent in 2018. The survey included responses from 315 VC firms with $595 billion in combined assets under management.

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