Mason  🏃‍♂️ ✂️

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

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?

I'm talking about firms, and their ability to hire

How is ability to hire overhead? How does that impact their ability to service female or URM founders?

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

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?

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?

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?