Thursday afternoon Axios hosted a conversation at UPenn on gender parity and equal opportunity in the workplace.
Alan Patricof, Venture CapitalistVenture Capitalist Alan Patricof speaks with Axios Markets Reporter Courtenay Brown and Executive Editor Mike Allen. Photo: Chuck Kennedy for Axios
Alan Patricof, the Co-Founder and Managing Director of venture capital firm Greycroft, discussed how he approaches hiring in an industry notorious for its lack of gender and racial diversity.
“We have a very open-minded hiring policy. We just hire the best people.
Editor’s note: Greycroft is an investor in Axios.
Photo: Chuck Kennedy for Axios
JPMorgan Chase Co. encourages everyone to spend “30-minutes a week with an up-and-coming woman, 5 minutes talking to another woman about a recent accomplishment she had, and 1 minute talking to someone else about that great woman‘s accomplishment.
” Using data. “We’re very data driven.
It allows us to make the business case for diversity.”Steph Korey, Entrepreneur #####IMG000000000#####
jpg” />Away Co-Founder and CEO Steph Korey and Axios Executive Editor Mike Allen. Photo: Chuck Kennedy for Axios
Steph Korey, who is the CEO and Co-Founder of the hit direct-to-consumer travel company Away, told us about her experience growing a disruptive brand and what advice she has to women looking to breakthrough.
. when men tend to advocate for themselves more.
“You’re not doing yourself or the company a favor by not making the company aware of the great job you’re doing. You won’t get more responsibilities and opportunities that are ultimately good for you and the business.
” QuoteIf you’re not failing, you’re not swinging big enough. — Steph Korey, CEO Co-Founder of AwayLilly Ledbetter, Women‘s Equality Activist #####IMG000000000#####
“I received an anonymous note telling me I was being paid 40% less than my male counterparts for doing the exact same job ..
Her case was shot down, but Justice Ginsberg’s powerful dissent spurred Congress to enact the the Lilly Ledbetter Fair Pay Act two years later. QuoteThere are still so many trails out there for you to blaze.