Google Looks To Break Up The Venture Capital Boys Club With New Fund That Exclusively Supports Asia-Pacific's Female AI Entrepreneurs
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Even though a lot of progress has been made in the way of diversity in the startup space, there's still plenty of room for improvement. The overwhelming majority of venture capital funds go to caucasian male founders, often leaving people referring to venture capital as a “Boys Club.” Leave it to Google to take the next step in the quest for equality. The search engine giant launched a financial support initiative aimed at endorsing startups established by women across the Asia-Pacific area, a r
The fund will provide $100,000 in equity-free cash to six female-founded startups this year.