Homepage / Technology / Silicon Valley's cultural problem so severe it needs reset, said investor McNamee
Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software Keep Data Safe and Protect Your Business Data How to Conduct a Board Self-Assessment Uncomplicated Ways to Simplify Daily Business Transactions Due Diligence Blog Digital Data Rooms for the Netherlands The New Era of Business Software and Reporting What Types of Businesses Use VDR Software? Ma Analysis Mistakes The Corporate Governance Role Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Unlimited Data Room Software For Due Diligence Leading Business Software Features to Look For Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review

Technology

Silicon Valley's cultural problem so severe it needs reset, said investor McNamee

There is no easy fix for Silicon Valley’s culture of sexism, Roger McNamee, managing director at Elevation Partners, said Monday on CNBC. The comments come after yet another venture capitalist has been accused of sexual harassment.

“Silicon Valley has a cultural problem right now that is so severe that it almost needs a reset,” McNamee said on “Squawk Alley.”

“I think it’s worse today than it was 10 years ago. There are a lot more women in the workforce. And the men are behaving horribly. I just think there has not been good governance inside the companies,” he said.

The tech industry is under increasing pressure to change after allegations of sexist behavior have come to light — starting earlier this year with former Uber engineer Susan Fowler’s allegations that the company failed to act on sexual harassment and gender discrimination complaints. “It’s not like we didn’t know this stuff was going on at Uber from the beginning,” said McNamee.

The pressure has gotten more intense recently. Half a dozen women have accused Justin Caldbeck, formerly at Bain Capital, of making unwanted sexual advances when they went to seek out funding or advice from him, according to a report from The Information. (In a statement Caldbeck said: “It is outrageous and unethical for any person to leverage a position of power in exchange for sexual gain, it is clear to me now that that is exactly what I’ve done.”)

Another venture capitalist — Dave McClure of 500 Startups — has admitted he “made advances towards multiple women in work-related situations,” and called himself “a creep” to women in an apology posted on Medium.

“There is this, you know, unwritten rule that people don’t talk about stuff like this and women have been victimized by this,” McNamee said.

The issue has impacted every group that is not in a position of power in Silicon Valley, he said. “I think people of color have [also] been disadvantaged by analogous kinds of problems,” said McNamee.

And the only way to fix the problem is to start at the top, he said. “I think it starts with the people who have the money,” McNamee said. “They just have to say, look … I’m going to withdraw all of my money and force the funds to shut down.”

Source: Tech CNBC
Silicon Valley's cultural problem so severe it needs reset, said investor McNamee

Comments are closed.