The more the venture capital industry changes, the more it stays the same. Or so it seems when examining the demographic composition of U.S. venture capitalists, specifically gender and race.
A new survey of venture capitalists shows little has changed in the area of diversity since the first poll was conducted three years ago by the National Venture Capital Association and Dow Jones VentureSource.
Not surprisingly, the profession is dominated by males, specifically white men. Of the more than 460 respondents identifying themselves as investors, 89% were men, and 11% were women. The 2008 survey consisted of 86% men and 14% women.
When looking at race, 86% of investors identify themselves as Caucasian, 10% as Asian and 1% as African American. In the 2008 study, 88% were white. Combining gender and race, 76% of participants were white males, compared with 77% three years ago.
Read VentureWire's complete story on the survey, which includes some efforts to diversity the industry.
- Bull/Bear Report - Hirings, firings, rising stars and downward spiral of the finance job market
- Get the job: From writing resumes to negotiating the offer, all the tools to land the perfect finance job
- Morning Coffee: Sign up for the latest in finance career news
- FINS.com: Finance jobs, research and career news by FINS from The Wall Street Journal