Kleiner Perkin's report only focused on the male to female ratio among the firm and its fellow program. Ethnicity was entirely left out.
That's a big faux pas for a firm that's already been in the headlines this year for facing issues related to discrimination. Interim Reddit CEO Ellen Pao sued the firm for gender discrimination, but ultimately lost in March after a jury found the firm not liable.>$4
Still, why issue a diversity report without all sides of diversity?
The firm did respond to Walker and said that it agrees "ethnicity is important." In the tweet, KPCB said it plans to expand and add ethnicity for the firm, its fellows program and portfolio companies, too. A source said that will likely be released next week.
$4 Agree ethnicity is important. We've started w/gender & plan to add ethnicity for $4, $4 and portfolio cos, too
$4 also $4 that the firm isn't the first. Popular Silicon Valley incubator Y Combinator $4about "diversity" then spoke primarily about women founders. The post did acknowledge founders from outside the U.S., but didn't go beyond that into any other kind of racial diversity.
$4, $4 and $4 do not release their reports in piece meal chunks, so it's unclear why investors aren't following suit.