The couple who invested in Uber starting in 2010 issued a letter announcing their satisfaction with the tough and far-reaching recommendations for change that Uber’s board unanimously voted to enact. They were encouraged by the firing of some senior leadership, and now urge follow-through on the plan with transparency and measurement.
It’s not as though these problems were news to the board. Mitch and Freada Kapor, longtime and respected Silicon Valley investors, spoke out publicly in February about disturbing revelations like Ms. Fowler’s.
“Our stated hope all along was that Uber could leapfrog other companies to be a real leader in diversity and inclusion,” they said Tuesday. “At this point we believe that the company deserves some room to put the plan into effect and show us what can be done.”
“If you look at how the big companies are trying to change, it’s just not happening,” says Ellen Pao, a partner at Kapor Capital who famously sued her previous venture firm Kleiner Perkins for gender discrimination and lost. “Most people believe that diversity and inclusion and an open, fair culture are good for business. The problem is that some people believe …
Cliff Worley Previously the chief digital officer for Daymond John and currently digital engagement director for Kapor Center for Social Impact, the epicenter of social impact startups developing tech-based solutions to real world problems. Instagram enthusiast. IG: fiscalcliff
“As an executive and then CEO of Reddit, I saw that I could hire women and people of color who were more qualified and more excited about their roles,” Ellen Pao said. “I have no doubt it was in part because I am a woman of color.”
These are boom times for the tech industry. You’ve heard the numbers: The average salary for a U.S. tech industry worker stands at $108,900, although wages can reach much higher numbers. Recent research puts U.S. tech employment at 7.3 million workers – and rising. However, according to the Tech Leavers Study by the Kapor Center for Social Impact, tech turnover …
She has lined up a dream team of investors and mentors for students will work with. They include Charles Hudson, managing partner at (Precursor Ventures); Brian Dixon, a partner at Kapor Capital; and Monique Woodard, the first African American venture partner at 500 Startups. All told, HBCU.vc now has 14 mentors with plans to add more.
“Huge gym but no day care. Apple campus gets it wrong,” tweeted longtime tech executive Mitch Kapor, who invests in social impact tech startups through Kapor Capital and the Kapor Center for Social Impact. He declined to comment beyond his tweet but later posted an article about how his old company, Lotus Development Corp., opened a day care center at its offices in 1990.
Latinx in tech are still frustratingly rare, and when it gets to the founder level they are pretty much non-existent: less than 1 percent of venture-backed start-ups has a Latino founder, according to CB Insights. Fortunately, Carolina Huaranca is ready to change the game. The Peruvian-American is one of Silicon Valley’s few Latina venture capitalists. As a Principal at Kapor Capital, she specializes in identifying …
The most frequently cited reason for employees in the tech industry leaving their jobs was working in an unfair environment. The Tech Leavers study was conducted by Kapor Center for Social Impact.
People who identify as LGBT are more likely than other underrepresented groups to leave jobs in technology because they experienced bullying and hostility.