VC Joe Lonsdale’s tweets about ‘woke’ tech diversity sparks investor pushback
- ByStartupStory | January 4, 2022
In response to a tweet last week that venture capitalists are racially discriminatory, venture capitalist and entrepreneur Joe Lonsdale attributed the difference in venture capital investment to the “average black culture.”
“The real view: the average black culture should escalate and stop many illegitimate children (statistical indicators of poor grades) / don’t evaluate education or spend a lot of time doing homework, “Lonsdale wrote in a series of tweets that have now been deleted. A statement by Lonsdale, co-founder of Palantir and head of early-stage venture 8VC, has sparked criticism from many tech investors. Actor Leonardo DiCaprio-Speaks against the actions of entrepreneurs. In a tweet containing a screenshot of the Londsale tweet, Bessemer partner Elliott Robinson wrote: Hundreds of LPs, co-investors, founders and decision makers are silent because they don’t care, are afraid [or] agree. I’m sorry he / she lives like this.
“Lolita Taub, a Stealthmode General Partner who previously invested through Backstage Capital and the Community Fund, told her not to follow her if she agreed with Londsale’s” Racist Comments. ” “All his LPs are colluding”, “It’s not shameful to be him in science fiction. There is a culture that accepts people like him. Technical diversity until geography is diversified. Does not improve. “
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