Monday, March 9, 2015

That is SO last week

Last week, the world of venture capital in Silicon Valley was placed under a microscope due to the sex discrimination trial of Ellen Pao versus Kleiner Perkins.  Testimony in the case included reports about men in bathrobes, all-male parties, nude photos, and “subtle comments,” including “Speak up – but don’t talk too much.  Light up the room – but don’t overshadow others.  Be confident and critical – but not cocky or negative.” and “[y]ou had to be one of the guys” to be successful.  Other evidence included a matrix showing investment success versus compensation in which a female partner made more successful investments but less money than her male counterparts.  Testimony continues this week with Ms. Pao.

In other developments:

Discrimination
  • The New York Times exposed the fact that more men named John than women (with any name) run companies.
Technology
Wage and Hour
  • The annual study of the 100 best employers for parents again showed that working parents want autonomy, parenting leave, and not hard-and-fast working hours.
Posted by: Kate Bischoff