There’s a lot of overhead in what?
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Since you decided not to respond, allow me to opine that VC is hands down one of the least overhead heavy industries in existence. I spent 5 years at a quality firm in VC, and switching industries, to quote a favorite film, ‘tis but the work of a moment.
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Replying to @birsic @JamesonHalpern
Sorry, didn't see this — overhead is in labor. Maybe it's all a sham and these people aren't worth the enviable salaries they could get elsewhere, but I don't know of a single firm hiring folks who aren't competitive at a national, if not global, level
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Replying to @webdevMason @JamesonHalpern
I don’t understand how that relates to overhead to pursue different opportunities and markets. The best people should be MORE capable of pursuing any opportunity ahead of them, yes?
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Replying to @birsic @JamesonHalpern
I'm talking about firms, and their ability to hire
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Replying to @webdevMason @JamesonHalpern
How is ability to hire overhead? How does that impact their ability to service female or URM founders?
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Replying to @birsic @JamesonHalpern
I don't know if VCs should be hiring people to "service" female founders *over* other founders, for example? It's broadly difficult to hire talent that can do a really solid critical eval of a founder team, their product, and the market, which is what a junior partner is doing
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Replying to @webdevMason @JamesonHalpern
I do believe we are now having a different conversation. If I can poorly paraphrase, I understood your argument to be 1) women may not represent in industries VCs like 2) it’s labor / overhead intensive to extend beyond classic industries No?
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Replying to @birsic @JamesonHalpern
Sort of? Industry is one axis, but I dunno; it's a hypothetical. My point is that I wouldn't be surprised if there are correlates re: gender, age, location, etc. that reveal weaknesses in the VC model rather than systemic bias, and perhaps the solution is more funding models?
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Replying to @webdevMason @JamesonHalpern
Oh I am 100% in agreement that it’s systematic weakness and not bias that creates this in the VC model. I am not disparaging the intent of (most) VCs. And I’m wildly in favor of new funding models, ala http://Indie.vc But goddamn, 97% to guys?
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I'm just sayin': I know where everyone wants to put their mouth. Let's see the money, let's see the returns, etc. etc. If you think I love going contrarian against my own gender, you playin' boy. I'm just done giving a single fuck anywhere a check isn't written.
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Replying to @webdevMason @JamesonHalpern
I know (suspected,) and that’s why I respect the red team so much. “I'm just done giving a single fuck anywhere a check isn't written.” FUCK YES. Been saying that shit for a long time.
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