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Hey everybody, welcome to this week in Startups today on the show. We're going to talk about an

issue. Well, let's face it. It's kind of hard for a lot of people to talk about how we allocate

dollars in Silicon Valley, how we capital allocators pick, who gets money, who gets a shot to follow

their dreams. And let's face it, race, gender, these things are all at play and I've never seen a change

like I've seen in the last 10 years of our industry. The back channel I get, can you please

find me, Jason, you know, you do early stage, can you find me a female founder, can you find me

a person of color to invest in? This is what I hear from downstream VCs or can you help us get

a partner? They were scared to death over the last 10 years that the statistics would come out

in our industry about how few people of color women were actually making investment decisions.

And there was a lot of shenanigans going on over the last 10 years. People would hire a PR

person and then call them a partner, but they had no investment decisions and they didn't get any

of the level of compensation. Then they would hire a couple of associates who were put them into

a group of scouts and then claim those for diversity statistics. And then that kind of got found

out. And then something really magical happened, which is people who were not getting a shot as

...