Carla Harris on venture capital funds going to women and minorities

There was about $3.8 billion that were allocated to black and hispanic founders last year [2020].  That number was $11 billion this year [2021].  Now the amount of VC dollars distributed also skyrocketed, and with respect to women, while the percentage was down, the absolute amount went up.  It was $3.8 billion and change that was allocated to female founders last year [2020].  That number was over $6 billion this year [2021]: only 2%, but the absolute dollars is something we need to pay attention to.  Slowly but surely, it's starting to penetrate.

~ Carla Harris, Morgan Stanley senior client advisor, Bloomberg TV interview, February 1, 2022