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How Algorithms Can Diversify the Startup Pool

August 19, 2019 | Morela Hernandez, Roshni Raveendhran, Elizabeth Weingarten, Michaela Barnett | Data, AI, & Machine Learning

Biases related to gender and other demographic factors creep into decisions about which projects to fund with venture capital. Data-driven approaches can help tease out those biases and limit their impact. Algorithmic methods identify potential instances of discrimination and increase transparency, making it easier to find and fix problems. Aversion to algorithms can be tempered by letting decision makers retain some subjective control over the data-driven process.

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