More sugar?
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They kinda... don't! Unless you assume that female founders are, as a group, statistically identical to male founders in e.g. the industries they're tackling (ex: tech vs. consumer goods). This is a *really* complicated question that's very difficult to discuss critically
Might be the case that you can figure out which kinds of deals are still *really* profitable but not quite tasty enough for most SV VCs, then capture a more diverse portfolio! But this doesn't point to some systemic failure of VCs so much as a need for diverse financial products
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I'm almost certain that is the case. Most of the VCs now copy each other, the way that IBs copied each other in the late 1990s IPO markets. Personally I reject quota based affirmative action, intersectionality identity politics, and the patriarchy conspiracy theory anyway.
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