Successful startup ecosystems over the next two decades will
be those that close the Inclusion Gap and tap into full
diversity of their populations and talents. Those that don’t,
will fall behind - even if they are today’s top performers.
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
The future is diverse. Here’s why - Opening Remarks at Startup University, WebSummit 2018
1. The future is diverse.
Here’s why:
Successful startup ecosystems over the next two decades will
be those that close the Inclusion Gap and tap into full
diversity of their populations and talents. Those that don’t,
will fall behind - even if they are today’s top performers.
2. The most prolific startup
markets in the US are flush with
foreign-born founders
Global Connectedness: percentage of immigrant entrepreneurs
among US metro areas
1. San Jose
2. Miami
3. Los Angeles
4. San Francisco
5. New York
From Inc Entrepreneurship Index, by Arnobio
Morelix, Startup Genome Director of Research
3. 20% of world’s tech founders are
immigrants, while these represent
only 4% of world’s population
From Inc Entrepreneurship Index, by Arnobio
Morelix, Startup Genome Director of Research
Is your ecosystem open to immigrants?
4. Racial and ethnic diversity can
lead to 35% more financial returns
above the national average
Adapted from the report Diversity Matters by
McKinsey, released in February 2015.
Is your ecosystem inclusive enough?
5. Gender diversity can lead to 15%
more financial returns above the
national average
Adapted from the report Diversity Matters by
McKinsey, released in February 2015.
Is your ecosystem welcoming women?
6. Mind the gap.
Are your mindset, culture and policies
encouraging diversity?
7. • Women make up only 16% of executives in US, 12% in United
Kingdom/UK, and 6% in Brazil
• 78% of UK companies have senior-leadership teams that fail to
reflect the country’s demographic composition, compared with
91%for Brazil and 97% for the US.
Adapted from the report Diversity Matters by
McKinsey, released in February 2015.
Women remain underrepresented at
the top of corporations globally. The
gap for racial and ethnic diversity is
even deeper. Top markets are
tightening immigration policies.
8. The new frontier of startups is
going to be the places that tap
into the full potential of diversity.
Will your ecosystem make it?