White Men Still Dominate the Venture Industry

Scott Austin, Wall Street Journal, November 21, 2011

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A new survey of venture capitalists shows little has changed in the area of diversity since the first poll was conducted three years ago by the National Venture Capital Association and Dow Jones VentureSource.

Not surprisingly, the profession is dominated by males, specifically white men. Of the more than 460 respondents identifying themselves as investors, 89% were men, and 11% were women. The 2008 survey consisted of 86% men and 14% women.

When looking at race, 86% of investors identify themselves as Caucasian, 10% as Asian and 1% as African American. In the 2008 study, 88% were white. Combining gender and race, 76% of participants were white males, compared with 77% three years ago.

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  • Hirsch

    Well, not to step in it or cause a row, but if you think like Steve Pinker or Sailer or Richard Lynn, and accept that Jews are pretty much their own race, once you factor them into the mix I imagine the number of Jews involved in venture will rise while the number of white men plummets.

  • white is right, black is whack

    Yes, we need to now apply affirmative action and shut out white males from investing until women and other races push out–er, I mean ‘have an equal playing field’ in the venture capital world. White men have the brains and IQ to be successful in the business world that blacks and hispanics don’t. Time has proven that. Every city, neighborhood, country (or organization) blacks and hispanics take over is run right into the ground.

  • HH

    Gee, apparently the grand and holy “Diversity” isn’t all that necessary for business success after all…what a shocker!

  • rjf101

    Surprised?

  • Question Diversity

    VC is the kind of pursuit which demands that the guardians of venture capital are able to take calculated and educated risks. Calculated and educated = White, risks = testosterone = Men. Simple as that.

  • ATBOTL

    Asians are for more over-represented than whites, but I guess that’s okay for the PC police.

  • Anonymous

    Black sub-Saharan Africans are clearly, as a group, simply in over their heads in modern technological societies. This is why sappy-hearted whites & their black-vote seeking politicians will always insist on “affirmative action” for them.

  • Anonymous

    “If you think like Steve Pinker or Sailer or Richard Lynn, and accept that Jews are pretty much their own race, once you factor them into the mix I imagine the number of Jews involved in venture will rise while the number of white men plummets”.

    I believe I’ve heard someone say the same thing about the Supreme Court and some similar places. While the public is told the Supreme Court needs more diversity, in fact, of it’s 9 members only 1 is a WASP? So perhaps they do need more diversity just not the kind advertised.

  • Whirlwinder

    The fact that WASP’s have built America into the greatest, mightiest, most free and prosperous nation in history is beyond dispute. The sad fact is that socialist, marxist, democrats are trying to bring down this wonderful system. Wouldl it not be wonderful to turn out all the useless bureaucrats and politicians in national and state levels and get the ship righted before we go down for the last time.