THE MAJORITY REPORT: Who’s making the big bets in venture capital? A whole lot of white males. A list of 552 venture capitalists from top-flight firms, compiled by The Information and Social+Capital, found that 92% of senior teams are male—and 78% are white. Asians made up the second largest ethnic representation at 20 percent. These results, note Peter Schulz of The Information, “are way worse than the diversity breakdown at major tech companies, where 23% of leadership teams are female and 77% male.” Here's the full spreadsheet.
Increasingly, the big names on the list are pumping money into education technology startups. Among the players who chipped in this year: Kleiner Perkins (which led Newsela’s $15 million round), Andreessen Horowitz (which participated in AltSchool’s $100 million round) and Bessemer Venture Partners (which chipped into $33 million in BrightBytes). There is one education technology fund whose executive makeup does seem to be bucking the white male trend.
