General Discussion
In reply to the discussion: It's official: The Internet is Owned by White Dudes [View all]davidn3600
(6,342 posts)Does capitalism favor the groups in power? Perhaps. But we have no alternative. What else is there? Communism? Wasn't that founded by white dudes also?
As for venture capitalists...their primary concern is making money. They don't hand money out to anyone. You have to have an idea and have to pitch that idea in terms of how it's going to generate money. Do they care the gender of the person starting the business? Not really. Because VCs are eventually always bought out (or they cash out) at some point if the business is successful. So they make a profit on their investment and go away. Their only real interest is making money off the risk.
Also, especially in the IT field, most businesses start with nothing. Facebook was started by a group of guys in a college dorm room. Bill Gates and Paul Allen started Microsoft by pitching ideas to companies that they can create emulators for hardware systems (even though they didnt even have one built yet. It was just an idea). The men that started these businesses didn't have a huge influx of capital. What they had was really good ideas and then figured out how to turn those ideas into a lot of money.
What kind of change are you advocating for? Many universities and many of the tech giants have tried to encourage women to get into STEM, but the results have been somewhat lackluster. I seriously doubt government control of the internet so that it can try to abolish a few hate websites is going to suddenly make women flood into STEM jobs.