India: The case for gender diversity in venture capital industry

Sequoia Capital, the storied Silicon Valley venture capital firm, made headlines of a different kind on 21 October when it hired its first female investing partner in the US in its 44-year history. Jess Lee, co-founder and CEO of Polyvore, a fashion e-commerce company acquired by Yahoo last year, starts work at the venture capital firm early next month, Bloomberg reported. Lee’s induction is a small but important step towards promoting gender diversity at the highest levels not just at Sequoia but in Silicon Valley’s powerful venture capital industry.