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Today @AllRaise released their 2020 annual report.
Tl;dr: lots of work to be done. Despite another year of record VC capital deployment, funding to women founders actually went down. And it& #39;s worse for Black and Latinx women founders.
https://allraise.org/assets/all-raise-annual-report-2020.pdf?utm_campaign=Momentum%20Memo%20%2312%20-%20April%2027%202021&utm_medium=email&_hsmi=123755096&_hsenc=p2ANqtz-9F5lsuucNXTdRxlBKwBrjTDAkkHthMGsFELjwVjUXSvhkRWD5PH3XN-741e0S9bmalivuex8gtPadGtD51zAvB3LANJUv6eF8NPlMOUkqhcXzwNJI&utm_content=123755096&utm_source=hs_email">https://allraise.org/assets/al...
Tl;dr: lots of work to be done. Despite another year of record VC capital deployment, funding to women founders actually went down. And it& #39;s worse for Black and Latinx women founders.
https://allraise.org/assets/all-raise-annual-report-2020.pdf?utm_campaign=Momentum%20Memo%20%2312%20-%20April%2027%202021&utm_medium=email&_hsmi=123755096&_hsenc=p2ANqtz-9F5lsuucNXTdRxlBKwBrjTDAkkHthMGsFELjwVjUXSvhkRWD5PH3XN-741e0S9bmalivuex8gtPadGtD51zAvB3LANJUv6eF8NPlMOUkqhcXzwNJI&utm_content=123755096&utm_source=hs_email">https://allraise.org/assets/al...
On the investor side--27 women were hired into checkwriting roles, but only one self-reported as African-American and none as Latinx. 64% of firms still don’t have a single female partner.
It& #39;s a long game, but it& #39;s clear there& #39;s still a lot of work to be done to mitigate bias. More of my thoughts on tactics to employ here https://www.forbes.com/sites/deenashakir/2021/01/13/from-microaggressions-to-mansplaining-busting-biases-in-venture-capital/?sh=7769a01618b6">https://www.forbes.com/sites/dee...
Thank you to @PamKostka @aileenlee and the @AllRaise for the analysis and report -- with data hopefully comes accountability from across the industry!
