The link between employee diversity at all levels and the stronger performance of companies is well documented. Variety in gender, background, culture and so in perspectives, ideas and insights makes for innovative and pioneering thinking and helps break from traditional business norms.
This maxim should play out nowhere more strongly than in the tech space where breaking boundaries and disruption are at the core of business ethos and strategy. However, this is not yet the case.
To shepherd this agenda in the right direction positive steps are required by tech ventures and those who invest in them (both in terms of being diverse and working to seek out diversity).
The article in the link looks at how this can happen.
Diverse teams perform better. First Round Capital found that, over 10 years, teams with at least one female co-founder performed 63 percent better than male-only teams. Racially diverse teams also perform 35 percent better than their industry peers. Yet only 8 percent of venture capital money is going to women-led companies, and 1 percent is going to companies with a black founder.