{"id":106,"date":"2016-10-11T17:02:58","date_gmt":"2016-10-12T01:02:58","guid":{"rendered":"http:\/\/newsincerity.wpengine.com\/?p=106"},"modified":"2023-05-22T07:51:51","modified_gmt":"2023-05-22T07:51:51","slug":"venture-capitalism-is-getting-woke","status":"publish","type":"post","link":"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/","title":{"rendered":"Corporate Giants Diversifying Workforce"},"content":{"rendered":"<p>At this point, the sad state of diversity stats in Silicon Valley is pretty well known &#8212; 11% female investor rate. The good news is that there is now some serious work \u2013 and cash \u2013 being dumped into solving the problem.<\/p>\n<p>Take NVCA\u2019s Diversity Task Force \u2013 led by CEO and President Bobby Franklin \u2013 for example. Bobby and company are investigating the lack of diversity in venture capital land, and putting some big brains to work on figuring out how the heck to tip the scale the other direction.<\/p>\n<p>And then there\u2019s <a href=\"http:\/\/www.intelcapital.com\/advantage\/diversity-fund.html\">Intel\u2019s Diversity Fund<\/a>. Created by former Intel girl-boss, Lisa Lambert, the Diversity Fund is turning the research into action. Essentially, it\u2019s a big fat wad of dough \u2013 $125 million to be exact \u2013 dedicated to leveling the playing field a bit for female and underrepresented minority entrepreneurs.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2147 size-large\" src=\"https:\/\/newsincerity.us\/wp-content\/uploads\/2016\/10\/BobbyFranklin-1024x1024.png\" alt=\"\" width=\"640\" height=\"640\"><\/p>\n<p>&nbsp;<\/p>\n<p>It\u2019s the largest venture capital fund of this kind. Ever. The money does things like provide access to resources like business development programs, tech expertise, and global network.<\/p>\n<p>Why all the hoopla? We\u2019ll let Bobby take this one: \u201cThe greater the number of diverse investors and entrepreneurs at the table, the greater capacity we have as a nation to innovate and bring the best ideas to bear.\u201d<\/p>\n<p>That\u2019s what\u2019s up, Bobby. Couldn\u2019t have said it better ourselves.<\/p>\n<div class=\"image-wrap\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>At this point, the sad state of diversity stats in Silicon Valley is pretty well known &#8212; 11% female investor rate. The good news is that there is now some serious work \u2013 and cash \u2013 being dumped into solving the problem. Take NVCA\u2019s Diversity Task Force \u2013 led by CEO and President Bobby Franklin \u2013 for example. Bobby and\u2026<\/p>\n","protected":false},"author":1,"featured_media":7309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[330,89,127,331,332,60,333,334,289,157,158,335],"class_list":["post-106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-paths","tag-brit-co","tag-conscious-capitalism","tag-diversity","tag-diversity-fund","tag-entrepreneurs","tag-feminism","tag-intel","tag-investing","tag-silicon-valley","tag-social-business","tag-social-enterprise","tag-venture-capitalism"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate Giants Diversifying Workforce - New Sincerity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Giants Diversifying Workforce - New Sincerity\" \/>\n<meta property=\"og:description\" content=\"At this point, the sad state of diversity stats in Silicon Valley is pretty well known -- 11% female investor rate. The good news is that there is now some serious work \u2013 and cash \u2013 being dumped into solving the problem. Take NVCA\u2019s Diversity Task Force \u2013 led by CEO and President Bobby Franklin \u2013 for example. Bobby and\u2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/\" \/>\n<meta property=\"og:site_name\" content=\"New Sincerity\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-12T01:02:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-22T07:51:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kilde.org\/new-sincerity\/wp-content\/uploads\/2016\/10\/bobbyfranklin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"577\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/\"},\"author\":{\"name\":\"Michael\",\"@id\":\"https:\/\/www.kilde.org\/new-sincerity\/#\/schema\/person\/3a9708e76c62dfc591fddf96d6439c1f\"},\"headline\":\"Corporate Giants Diversifying Workforce\",\"datePublished\":\"2016-10-12T01:02:58+00:00\",\"dateModified\":\"2023-05-22T07:51:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.kilde.org\/new-sincerity\/venture-capitalism-is-getting-woke\/\"},\"wordCount\":226,\"publisher\":{\"@id\":\"https:\/\/www.kilde.org\/new-sincerity\/#organization\"},\"keywords\":[\"brit &amp; 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