Diverse teams start with diverse VCs | TechCrunch
Briefly

Diverse teams start with diverse VCs | TechCrunch
""But if you do that from the beginning, then it becomes easier, because the culture that's built, the team that's built, the network that you've built as a company, is more diverse, and it feeds itself. It becomes an ecosystem. It's too late if you wait until you've scaled and it's at the end.""
""If you follow the money through the system, it comes from limited partners, and they're the ones that decide who to give the money to, venture capitalists. And from there, then the venture capitalists choose which founders they're going to invest in. The money is there, but it's being controlled by people that have different biases.""
Startups often claim to value diversity but struggle to implement effective hiring practices. Leah Solivan emphasizes that diversity must be integrated into the hiring process from the outset. As Taskrabbit scaled, the leadership team intentionally sought diverse talent for every role. Solivan notes that building a diverse culture early on creates a self-sustaining ecosystem. The diversity of the tech industry is influenced by who invests in founders, as biases in funding can affect the diversity of startups.
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