Why the Crisis Is Putting Companies at Risk of Losing Female Talent

The Covid-19 crisis has reconfigured how we work, parent, and care for ourselves and our communities. It remains uncertain how a post-pandemic society will function, but already a consensus is emerging that the global pivot to working remotely will likely change how many companies think about face time and rigid work schedules.

In this Harvard Business Review article, Colleen Ammerman and Boris Groysberg outline strategies to address four key biases and barriers, to prevent the careers of female employees from becoming collateral damage during this crisis.

Resources for those interested in venture capital and private equity

This list of resources was created for the students in Chicago Booth’s Private Equity and Venture Capital lab as an augmentation to the class.

It is designed to assist less experienced students learn more about the industry and for advanced students the ability to go deeper on topics of interest.

Managing Unconcious Bias

Companies and firms that want to establish themselves as diverse, inclusive organizations must consider opportunities to minimize bias both at the structural level in company processes and policies, and at the individual level in employee attitudes and behaviors.

In this white paper, Paradigm introduces actionable recommendations to address bias at both the structural and individual levels, across the process of attracting, hiring, developing, and retaining employees.

See Bias | Block Bias

Research shows that stereotypes can introduce errors in managers’ decision making about talent throughout the employee life cycle. While most people agree that bias exists in the abstract, many cannot see their own role in enacting bias or how it functions in their organization. Further, resistance to the idea that bias exists at all is what we call “bias backlash.”

To address these issues, the Stanford University VMware Women’s Leadership Innovation Lab has produced this methodological framework to diagnose, address, and overcome bias in the workplace.

ILPA – Diversity & Inclusion Roadmap

The Institutional Limited Partners Association (ILPA) produced an open-source Diversity & Inclusion (D&I) Roadmap for the private equity and venture capital industry.

The Roadmap is comprised of best practices that both general and limited partners can consider implementing to advance D&I efforts on behalf of their organizations and the PE industry at large. ILPA encourages all stakeholders in the private equity industry — and those operating in other private markets — to explore the opportunities presented in its Roadmap, and contribute to the effort by sharing their own initiatives and resources so that we all can learn from one another’s experiences.

SVB Healthcare Investments & Exits Report

What’s driving innovation in life science and healthcare? SVB is committed to serving the ecosystem by providing industry-leading reports featuring proprietary analysis and targeted outlooks to help companies and investors achieve their goals. Twice a year we publish deep-dive analyses describing fundraising, investment, M&A and IPO activity of private, venture-backed biopharma, medical device and diagnostic/tools companies. Our deep relationships with top life science and healthcare entrepreneurs and investors inform our insights and give us a vantage point unlike any other bank.

SVB State of the Markets: Q1 2020

As we embark upon a new decade, it’s worth looking back over the past ten years to see how far we’ve come. Coming out of the Global Financial Crisis, fundraising and investment have exceeded prior peaks, and venture has globalized rapidly. We’re now seeing important shifts in the ecosystem, which have rippled from rising benchmarks and a renewed focus on profitability. Without question, some right-sizing is needed. Fortunately, there is no shortage of strong companies to face these challenges. A receptive public market has kept the IPO window open, and our outlook on exits remains positive barring a broader economic downturn. Given all of the above, we have reason to be optimistic.

SVB 2020 Startup Outlook Report

For SVB’s 11th annual Startup Outlook Report, we asked founders and executives in the US, the UK, China and Canada to share their perspectives on the year ahead. Every industry today is touched by innovation in one way or another, creating job growth, new markets and long-term opportunity.

Startups are in a positive mood at the start of 2020. But the findings also underscore challenges around raising capital, finding talent and building
more-diverse leadership teams.

Fairview Capital 2019 Market Review of Woman and Minority-Owned Private Equity and Venture Capital Firms

This 2019 report by Fairview Capital examines the state of woman and minority-owned private equity and venture capital firms.

The universe of woman and minority-owned private equity and venture capital firms closed out the decade with another record year of growth.  At nearly 400 firms, this group is larger than ever, and 2019 marked yet another record number of firms raising capital, with nearly 200 funds in market. With this growth has come increased complexity as market dynamics have resulted in new firm formation in often-overlooked areas of the private markets.

Woman and minority-owned firms remain well positioned to succeed, in part due to this differentiation. Despite the growing opportunity set, institutional investors remain slow to invest capital with diverse firms, due to a number of factors, including continued misconceptions, biases and lack of information. A deliberate, programmatic approach remains one of the best ways to invest successfully with diverse managers.

Table Stakes | Highlighting and shifting the equity gap

Only 1 in 3 people in venture-backed companies is a woman, and women are granted less equity on average. Read the 2019 study using anonymized Carta data to learn what’s behind the gender equity gap.

10,000+

high-growth startups—across all 50 states and DC—raised venture funding in 2019 to build and grow their businesses.

42%

of all U.S. IPOs from 1974 to 2015 were venture-backed companies, representing 63% of the market capitalization and 85% of R&D.

2.9 million

is the average net jobs created annually between 1980 and 2010 by high-growth startups, which account for ~50% of gross jobs created in the U.S.

1,300+

U.S. venture firms are active today, managing an aggregate of $444 billion in assets.