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Yes, that is a good one. It would be interesting to know if somebody has experimented on this, just to see if the outcome would be different if the same idea was pitched by an all-male, a mixed and an all-female team, everything else equal.
There is a way to measure whether Swedish VCs are discriminating against female founders: do the female founders they fund do better than the male ones? http://paulgraham.com/bias.html
That's also a way to do it. However, given the general distribution of companies who are funded, is there a risk that results could be affected by different attitudes towards risk? Few female-led startups=need to prove good returns and low risk? Others=higher risks acceptable?
The other issue here is that VC investment in a company is serial and changes the company's course. So if VC1 invests in an underrep minority's company despite other VCs' bias against, VC1gets a cheap price. But if there is no (or worse) VC2 due to that bias, outcomes suffer.
@PaulG does that approach presuppose that whatever bias might be affecting selection doesn’t also affect subsequent performance?
@paulg So does YC check to see whether female founders in each batch significantly outperform male founders?
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