General World News

Research confirms tech founders are already well-off and well-educated before starting their companies

Balderton Capital Suranga Chandratillake

  • European tech startups continue to struggle with diversity, according to a new survey from investment firm Atomico.
  • The research confirms a lack of diversity across race, gender, and class at European tech startups, with the bulk of venture capital funding going to all-male founding teams.
  • Just 14% of founders who don’t hold a degree manage to raise external capital, the numbers show.
  • And only 5% come from low-income backgrounds.
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The European tech sector still has problems when it comes to diversity, a new report shows.

London-based investment firm Atomico has published a new study showing women, ethnic minorities read more >>>

Source:: BusinessInsider.Com