Naming the system isn't playing the blame game

Last week, I wrote about how lending got guardrails in the 1970s while venture got tailwinds.

A few days later, Larry Gennari's column in the Boston Business Journal paired my book with one of Barbara Corcoran's Shark Tank lessons: "Don't play the blame game."

At first glance, that might seem like an odd fit for someone who spends most of her time talking about a broken system. I, however, think it's a very appropriate one.

Naming the system isn't blaming the people in it. I don't think most venture capital general partners (GPs) sit around actively trying to exclude people. Most of the exclusion I've seen isn't due to malice or bad intentions.

Keep reading

Past issues are for newsletter subscribers. Already subscribed? Enter your email to unlock every issue from the past year. Not yet? Subscribing takes one click, and it's always free.