Decoder with Nilay Patel Recode Decode: Why tech is "flunking" the diversity test
Apr 22, 2019
Freada Kapor Klein, founder of Kapor Capital and a leading advocate for diversity in tech, shares her insights on the industry's failure to meet diversity goals. She discusses the importance of genuine company values over profit and the nuances of sexual coercion versus harassment. Klein reflects on her impact investing journey, holding tech companies accountable, and the need to address systemic inequalities. She critiques existing diversity initiatives in venture capital, emphasizing the importance of inclusive practices and the balance between financial success and social responsibility.
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Meeting Mitch and Values at Lotus
- Freada and Mitch Kapor met at Lotus but didn't become a couple until 12 years later.
- They prioritized values alignment in their work, even implementing employee surveys that influenced compensation based on adherence to company values.
Values Alignment in Investing
- Founders should consider value alignment when choosing investors.
- Value alignment is critical, especially for long-term success.
Public Criticism of Uber
- Kapor Klein publicly criticized Uber's culture after Susan Fowler's letter.
- They prioritized their values over potential financial gains, demonstrating their commitment to change.