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Friday, March 30, 2018
How big money can drive diversity in venture capital
The world̢۪s largest asset manager just called for more corporate responsibility in governance. Twenty-one countries already legislate diversity on corporate boards or mandate practices that enhance diversity in the workplace. The United States has avoided proactive rules, often citing adverse results from implementing quotas. But in the USA, money talks. And the money behind venture capital funds is starting to take diversity seriously.
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