By Evan Vitale
The New Year is fresh, so let’s see what stories made the headlines during the last week of 2016.
ValueWalk.com has listed its top 5 venture capital deals, exits and funds for the past year with Uber and Snap on the list. You can see the Top 5 and read more about VC in 2016 here: http://bit.ly/2is1txt
Fortune.com has an interesting piece – “Fraud in Silicon Valley: Startups Show their Unethical Underside.” The article is subtitled: As the list of startup scandals grows, it’s time to ask whether entrepreneurs are taking “fake it till you make it” too far.
You can read the full story here: http://for.tn/2htvXR9
Meanwhile, Health IT News has published an article on the low numbers of women and minorities who fill the top investment roles at venture capital firms.
Few women are in decision-making positions when it comes to investment, according to a report from the National Venture Capital Association and Deloitte.
Women represent merely 11 percent of investment partners or equivalent on venture investment teams.
The survey also reveals racial minorities are underrepresented in venture capital positions, with only 22 percent of the venture capital workforce. Black employees are at 3 percent while Hispanic or Latino employees are at 2
By race, the report found that non-white employees comprise 22 percent of the venture capital workforce.
Sputnik.com shares a story on how Belarus and China are pledging to set up a $20 million venture capital fund to promote investment in the Eastern European nation.
Happy New Year!