"What would it tell us that we don't already know?" – VC scraps diversity report in favour of action plan
6 dec. 2024
10:28
Unconventional Ventures is ditching its annual report on the lack of inclusive venture capital. Instead, the investment firm is releasing its own playbook for the industry. "We're done with just talking," says Nora Bavey to Impact Loop.
The venture capital sector's glaring lack of diversity and equality – both in terms of representation and investments – remains a persistent thorn in the industry's side.
For the past five years, the situation has been highlighted and scrutinized in the recurring Funding Gap Report from Nordic investment firm Unconventional Ventures, helmed by Nora Bavey and Thea Messel. As the title suggests, it's rarely uplifting reading – at least not for those who believe in inclusion as a business opportunity.