Black-Led Venture Capital Funds Are Judged More Harshly Than Their White Counterparts

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According to a new study from Stanford University, in collaboration with the private investment firm Illumen Capital, venture capital funds managed by a person of color are judged more harshly by professional investors than their White counterparts with identical credentials. The findings also suggest that minority-owned venture capital firms actually face more bias when they are successful. Currently, fewer than 1.3 percent of the...

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