Marketplace®

Daily business news and economic stories

Sex discrimination suit set to start in Silicon Valley

The case highlights how women still struggle to find a place in venture capital.

There’s a civil suit set to go to trial this week. Ellen Pao, a former employee at Silicon Valley venture capital firm, Kleiner Perkins Caufield & Byers, is suing the company, saying  she was discriminated against. The case is drawing attention to an industry where women are still struggling. 

“It’s a boys’ club,” says Susan Duffy, executive director at the Center for Women’s Entrepreneurial Leadership at Babson College.

A decade ago, 10 percent of venture capital decision-makers were women, according to a study published by Babson last fall. “And now in the United States only 8.6 percent of those decision-makers are women, and globally only 6 percent, so we’re actually going in the wrong direction,” Duffy says. 

 

 

Related Topics

Latest Episodes

View All Shows
  • Marketplace Tech
    an hour ago
    11:03
  • Marketplace
    12 hours ago
    25:19
  • Make Me Smart
    18 hours ago
    19:00
  • Marketplace Morning Report
    21 hours ago
    6:55
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45