Author Topic: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them  (Read 829 times)

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Offline Right_in_Virginia

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Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them 
The Federalist, Jun 5, 2018, Joy Pullmann

Melinda Gates has decided to enter the venture capital world by sending her money to people based at least partly on their sex and skin color, she said in a recent Fortune interview.

“It’s been incredibly disappointing to watch how few women-led businesses are getting funded,” Gates said. “Ultimately, if we want more innovation and better products, we’ve got to put more money behind women and minorities. That wasn’t happening, so I decided to step in and see what I could do to help a little bit.”

Here are other portions of her interview where Gates specifically says some criteria for how she invests in startups are race and sex. She clearly says she preferences women and non-whites over men and white people, specifically for these immutable characteristics that have nothing inherently to do with business success. “Over-index” is essentially a financial or data version of affirmative action.

Quote
I am specifically looking at funds who over-index on women-led and minority-led businesses.

I’m asking a lot of business questions about how they will go about their funding, how they will over-index on women’s businesses, and how they will hold themselves accountable for a great return.

Some of these big firms often believe in the white guy in a hoodie disrupting a whole industry. So we’re going to disrupt it by making sure we’re indexing for women and minorities because they’ve got great ideas.

Many of them think if they have one female at the table, they’ve done their job. Another big one is when they say that they have trouble finding women. Those are just excuses. They don’t know what investing in these areas looks like until they get several women who are partners in their firm.


Read more:  http://thefederalist.com/2018/06/05/melinda-gates-bashes-white-guys-says-shell-discriminate/#.WxbSgD92pO8.facebook
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Offline Gefn

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Ok. Are you going to start with hubby ?

Come on. You’d be nothing but a suburban housewife soccer mom if you weren’t married to him.

Sigh.
« Last Edit: June 06, 2018, 06:46:00 AM by Freya »
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Online Applewood

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Someone once said liberalism is a mental illness.  This story proves it. 

Offline Weird Tolkienish Figure

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Is that legal? Could someone start a whites-only investment fund?

Offline mountaineer

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... sending her money to people based at least partly on their sex and skin color ...
You know what they say about a fool and her money (or her husband's money).
"Because men have lost the objective basis of certainty of knowledge of the thing in which they are working, more and more I fear we are going to find them manipulating science according to their own sociological or political desires rather than standing upon concrete objectivity." Francis A. Schaeffer

Online aligncare

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Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.

Offline LMAO

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“Ultimately, if we want more innovation and better products, we’ve got to put more money behind women and minorities. That wasn’t happening, so I decided to step in and see what I could do to help a little bit.”

First off, whatever she wants to do with her money is her business. Secondly, I am all for minorities and women owning businesses.

But what evidence does she have that we will get more innovation and better products simply because a business is minority or female owned?

 It sounds to me that she’s either negatively affected by white guilt, or, she’s  infected with the same affliction that affects all leftists. That affliction is that seeking diversity is the supreme goal that will fix everything that ails society
« Last Edit: June 06, 2018, 07:36:36 AM by LMAO »
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Offline jmyrlefuller

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Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.
while your income is from marrying the same rich white guy you blame for the problem.
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Offline Wingnut

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Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.

« Last Edit: June 06, 2018, 02:35:40 PM by Wingnut »
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Offline Hoodat

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“Ultimately, if we want more innovation and better products, we’ve got to put more money behind women and minorities."

If you want more innovation and better products, then put your money behind people who innovate and build better products.  Duh.
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Racist/sexist

Online aligncare

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If you want more innovation and better products, then put your money behind people who innovate and build better products.  Duh.

Exactly. It was a cringe worthy statement. Identity politics has a strangle hold on American progress.

Offline RoosGirl

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Is that because she knows what a fraud her husband is?

Offline Jazzhead

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Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.

Let's all emulate Melinda Gates' formula for business success:  Marry a gazillionaire.   If you're not all that attractive,  focus on the nerdy-looking ones.   
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while your income is from marrying the same rich white guy you blame for the problem.

BWHAHAHA! Ain't that the truth. Bill Gates is a rich white guy's rich white guy.
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Offline catfish1957

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Let's all emulate Melinda Gates' formula for business success:  Marry a gazillionaire.   If you're not all that attractive,  focus on the nerdy-looking ones.

She's bat shit crazier than her pinko husband.   

Statements like this make be happier by the day I phased out MS products.
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Is that legal? Could someone start a whites-only investment fund?

White Guys (provided they're not gay, not that there's anything wrong with that) are not on the list of Protected Classes.  What she proposes is perfectly legal.
Don't call it the "Federal Government," that's an insult to the Founders.  It's a "National Government."
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Offline Jazzhead

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White Guys (provided they're not gay, not that there's anything wrong with that) are not on the list of Protected Classes.  What she proposes is perfectly legal.

I'm not sure you could restrict investments to white guys only,  but I see no reason why you couldn't set up an investment fund intended only to invest in companies owned by white guys.

   
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I'm not sure you could restrict investments to white guys only,  but I see no reason why you couldn't set up an investment fund intended only to invest in companies owned by white guys.

 

Sorry, I misread WTF's comment.  I don't think a fund could be restricted to "White's Only."
Don't call it the "Federal Government," that's an insult to the Founders.  It's a "National Government."
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Offline Frank Cannon

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Good luck seeing a return on this money you stupid stuck up bitch.


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