Bias in pitching
The VC investment procedure has four phases: deal sourcing, pitching, research, and closing. Why are we singling out of the pitch phase? The ultimate two phases are much more numbers-oriented and technical, so they’re less hospitable to bias. Contract sourcing, which will be very determined by individual companies, is prone to bias however in a far more way that is overt when your community of startup founders is all male, it is hard to argue you’re offering ladies possibilities. Nevertheless, it is during pitching, that gender bias can influence decision-making without loudly announcing itself as we currently know it.
Numerous academic research reports have shown there is a gender that is strong in a variety of aspects of the pitch procedure. (more…)