Silicon Valley’s gender inequality problem is no secret. But the situation can be fixed, according to Emily Chang author of the book “Brotopia” and host of Bloomberg Technology. “The #MeToo movement started in Silicon Valley,” she says. Years before the reckoning in Hollywood, women like venture capitalist Ellen Pao and Uber’s Susan Fowler spoke out about harassment and discrimination. Their efforts, Chang says, made it “safer for more women to come forward.” “That’s part of why I wrote the book,” says Chang. “To keep that conversation going and not lose the momentum that some of these courageous women have ignited.” According to Chang, the gender pay gap in Silicon Valley is five times the national average. In the traditionally male-dominated tech industry, too many find themselves “the only women in the room.” And there are cultural issues as well. Chang’s book takes an inside look at the social scenes of powerful executives, investors, and entrepreneurs, which include things like “sex parties” and a range of other similarly inappropriate activities. “All of this perpetuates an uncomfortable environment for women and a power dynamic that is completely lopsided.” Silicon Valley hasn’t always been this skewed. “Women actually played vital roles in the computer revolution [in the 40s and 50s],” Chang says. “They were programming computers for the military and programming computers for NASA. Think ‘Hidden Figures’, but really industrywide.”

Share:
More In Business
How Options Traders Can Prepare for Volatility
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Russell Rhoads, Associate Clinical Professor at Kelley School of Business to break down why option traders should pay close attention to the FOMC meeting on Wednesday and monthly payrolls being released on Friday.
Lawmakers Call on SEC to Assess Shein Supply Chain Before IPO
A bipartisan group of two dozen lawmakers is asking the Securities and Exchange Commission to put the brakes on an initial public offering by Chinese fast fashion retailer Shein until it verifies it does not use forced labor from the country’s predominantly Muslim Uyghur population.
Load More