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The (slowly) changing face of VC's next generation

Illustration: Lazaro Gamio / Axios

Venture capital is well-known to be dominated by white men, causing many of the industry's few people of color to raise their own funds.

  • Only 2% of senior venture investors are black or Latino, per a 2015 analysis by Social Capital.

Why it matters: Like the broader tech industry, venture capital has been reckoning in recent years with its lack of racial diversity. But the pace of change has been glacial, mirroring its better-documented issues with gender diversity.