Bias in pitching
The VC investment procedure has four phases: deal sourcing, pitching, homework, and closing. Why are we singling out the pitch phase? The ultimate two phases are much more numbers-oriented and technical, so they’re less hospitable to bias. Contract sourcing, that is very influenced by individual sites, is vunerable to bias but in an even more overt means: in case your network of startup founders is all male, it is hard to argue you’re providing ladies possibilities. Continue reading