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There’s an elephant in the room when it comes to race in Silicon Valley.
Locent CEO and founder Matt Joseph recently took to Twitter to describe what it was like for him, as a black entrepreneur, to try to raise money.
Venture capitalists are under pressure not to appear racist, so they claim to only invest on merit and the company, says Joseph.
As a result, venture capitalists are dodging the race issue entirely, to their own detriment. They don’t get a full understanding of what it’s taken entrepreneurs like Joseph to succeed in face of challenges they can’t control, he says.
“I always put my business first. But let’s stop pretending like race isn’t an issue,” Joseph says. “Subconscious bias is just as damaging as overt bias. And for tech to move forward, these issues need to come out into the open. Not just for founders, but for everyone in the ecosystem.”
“So please, don’t sweep race under the rug when you meet me. Talk to me about it. It’ll help you understand why I’m going to succeed.”
Here’s the full tweetstorm:
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Read MoreAre Millennials Different? Lazy, Entitled, Cant communicate, Job hoppers, Not Loyal, Poor work ethic.
But Are they actually any different Different Than Other Generations? Derek Irvine writes in Millennials aren’t Entitled They’re Just Misunderstood. Tired of hearing the myths about Millennials in the workplace (entitled, need constant praise and reassurance, difficult to manage)?
Harvard Business Review:
Millennials are entitled, disloyal, and lazy. And they expect things to come easily to them.
These are common beliefs that many managers hold.
Harvard Business Review says. it turns out, aren’t nearly as entitled as we make them out to be.
In fact, “most are ambitious, and look to make a big impact in their careers right from the start. ”
But managers can sometimes misconstrue this as entitlement.
CRASHING MYTHS
23% of all millionaires are Millennials
bout 5m millionaires
Gen X only 4 million
Disloyalty.
EVERY generation when they were young and new in the workplace.
Boomer managers said that about me as a young Gen X employee.
How HARD WERE YOU TO MANAGE AT 25
TECHNOLOGY
Millennial employees have never lived a day without technology
It is up to managers to KEEP up not misunderstood young people.
This isn’t generational behavior, it’s stage of life behavior
Take Away
They aren’t different
They need leadership
They need inspiration
All NEW employees will seek recognition and feedback.
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