Ducks in a Row: Mark Andreessen’s Views on Diversity
by Miki SaxonFor all the talk about the lack of diversity some folks still don’t get it.
It’s a recognized fact that sometimes very smart people do or say very stupid things as reflected in Marc Andreessen’s recent comment explaining that companies actually are diverse.
“When you actually go in these companies, what you find is it’s American people, but it’s also Russians, and Eastern Europeans, and French, and German, and British. And then there are the Chinese, Japanese, Koreans, Thais, Indonesians, and Vietnamese.”
This is a direct contradiction of 2013 research done by Reuters.
A recent Reuters report found that the majority of Silicon Valley startup founders that receive Series A funding come from the same pedigreed cohort: either they previously worked at a large, well-known tech firm, a well-connected smaller tech company, they previously created a successful startup, or they come from one of three universities—Stanford, Harvard, or MIT.
Of course, one image is worth ten thousand words when proving this.
Andreessen also says that the lack of women and people of color in Valley companies is a function of education inequality and not having the right connections; another thought that flies in the face of facts.
Except for the fact that a recent analysis conducted by USA Today found that top universities are graduating black and Hispanic computer science and computer engineering students at twice the rate that technology companies are hiring them. Last year, 4.5% of computer science and engineering graduates from top universities were black and 6.5% were Hispanic. But on average, just 2% of employees at Silicon Valley tech companies (specifically, the seven companies that have released diversity stats) are black and 3% are Hispanic.
The walls around the Valley investor community are far higher now than they were when in 1993 when he happened to meet Jim Clark, who suggested forming a company based on a program Andreessen wrote in college called Mosaic.
The Valley needs to wake up, bite the bullet and follow the lead of Google, instead of pulling Andreessen’s rationalizing over their collective heads.
Flickr image credit: Susanne Nilsson