The recent revelations of sexual harassment in tech and venture capital are shocking. Theres rightly been a lot of discussion in our industry about how to react to these stories and how to deal with the perpetrators.
However, theres also a broader issue that seems to have received less attention the fact that many of these situations are the result of years of chronic under-investment in people and culture both in startups and in VC funds.
I call this under-investment people debt. This is very similar to technical debt, which is a concept that founders and VCs are familiar with. And like technical debt, this is something that founders need to pay attention to as they build their startups.
Six months ago, …
Read the full article at: https://www.businessinsider.com.au/australian-startups-need-to-create-respectful-inclusive-environments-and-its-not-about-free-food-and-ping-pong-tables-2017-8
