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'Won't invest in women CEOs': Sexism is alive and kicking in the VC space

It turns out there's still a lot of work to be done, reports Tech in Asia

Eva Xiao 

China's investment and business world has the reputation of being more equitable than that of other Asian countries — or in some ways, Silicon Valley.  It turns out there’s still a lot of work to be done. "Rule number 10: we usually don’t invest in female CEOs," stated Luo Mingxiong from Jingbei Investment, an early-stage VC firm, in a public presentation last week in Beijing. "It’s not because of any kind of prejudice. Just think about it carefully […] besides giving birth to children, what can women do better ...

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First Published: Mon, January 09 2017. 16:30 IST
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