Allyship In Action: How to Support Black Colleagues Right Now

One of the most powerful ways we can work to end racial injustice and support Black people without putting the burden on Black people is through educating ourselves.

Paradigm has put together this excellent list of resources to support anyone seeking to educate themselves about racial injustice.

Allyship In Action: How Managers Can Support Black Employees Right Now

In this resource by Paradigm, they’ve outlined specific recommendations for managers seeking to support Black employees.

As a manager, you play a pivotal role in how your team navigates this incredibly challenging time. While it’s helpful for employees to hear from company leaders, it is equally critical that they feel directly supported by you as their manager. If you proceed with “business as usual,” it sends a message to people that you don’t believe this is an important topic worthy of time and conversation. To Black employees in particular, it can send a message that you don’t value them.

So, how do you lead your team through this difficult time, particularly when it can be hard to find the words to say, and when different team members may need different things?

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.

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.