We are witnessing the greatest paradigm shift in power since the advent of the venture capital industry. Since taking my first VC role in 2012, I’ve seen more change in the past year than all other years combined.
Six years after Ellen Pao’s landmark gender discrimination case against Kleiner Perkins Caufield & Byers, Mary Meeker announced her departure to start a new fund with three other KPCB investors. Arlan Hamilton from Backstage Capital graced the cover of Fast Company with the caption “Venture Catalyst.” AllRaise’s circulation of a growing list of job postings is regularly hitting the inboxes of female investment talent climbing the check-writing ranks. To quote Seth Godin, “When you put the right idea into the world, people can’t unsee it.”
What does it mean to have a seat at the table, and how many of us have needed to bring our own chairs rather than wait for someone to offer us one?
Here are a few reflections on what having a seat at the investors’ table means to me: