Revolutionizing Success: Diversity Boosts Biotech VC Funding

Diversity in Biotech Venture Capital Funding

Studies have shown that companies that are more diverse tend to be more successful. While there have been improvements in gender equality and diversity in various sectors, the biotechnology industry has remained dominated by White men. Furthermore, the venture capitalists that fund that industry tend to also be undiverse, resulting in the “pale, male, and Yale” stereotype, which shows that the VC industry is populated by White men from prestigious schools, particularly the Ivy League.