Warm intros are awful for diversity, so why do investors keep insisting on them?

Warm intros are awful for diversity, so why do investors keep insisting on them?

a year ago
Anonymous $QMjB47b2Hv

https://techcrunch.com/2023/04/30/warm-intros-suck-for-vc/

There are oodles of advantages to having a diverse workforce, but, as inBeta founder James Nash points out, you can’t simply take your homogenous workforce, add diversity, stir and hope for the best.

Often, something subtle gets in the way of diversity at startups: Companies depend on employee referrals in the beginning, but if a startup’s makeup is already not diverse, referrals aren’t going to change that.