One of Silicon Valley's few black VCs says the industry has a systemic problem with race, but he's hopeful the George Floyd protests are finally going to spark real change
Hudson is one of the exceedingly few black venture capitalists in Silicon Valley.
But the venture industry in particular has been even worse.
As other venture industry critics have pointed out, the industry has long been a kind of closed system.
In the venture business in particular, there has been a significant uptick in the number of female investors, venture firms with women on staff, and investment in female-founded firms.
While still a distinct minority in the industry, those female investors and founders have helped open eyes at venture firms, Hudson said.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
VCs have sunk substantial funds into office sharing startups like Industrious, which raised $62 million in 2017.
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