#GAReads | More women, more money — study finds link between diversity and profit
photo credit: Sharon McCutcheon, via Unsplash
"More women, more money — study finds link between diversity and profit":
Facebook leadership is white and male, and Google can be a sausage fest, too. They're just two of the tech companies struggling with diversity — and a new report in the Harvard Business Review shows they may have more to gain from that diversity than different points of view.
When the publication took a close look at every venture capital firm in the United States — "thousands of venture capitalists and tens of thousands of investments," HBR says — it discovered that VC firms who hired more female partners were notably more profitable than their counterparts.