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General Category => National/Breaking News => Topic started by: Right_in_Virginia on June 06, 2018, 10:32:09 am

Title: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Right_in_Virginia on June 06, 2018, 10:32:09 am
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 (http://thefederalist.com/2018/06/05/melinda-gates-bashes-white-guys-says-shell-discriminate/#.WxbSgD92pO8.facebook)
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Gefn on June 06, 2018, 10:43:46 am
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Applewood on June 06, 2018, 10:59:56 am
Someone once said liberalism is a mental illness.  This story proves it. 
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Weird Tolkienish Figure on June 06, 2018, 11:01:27 am
Is that legal? Could someone start a whites-only investment fund?
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: mountaineer on June 06, 2018, 11:05:31 am
Quote
... 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).
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: aligncare on June 06, 2018, 11:12:34 am
Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: LMAO on June 06, 2018, 11:31:31 am
“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
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: jmyrlefuller on June 06, 2018, 11:34:48 am
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: WingNot on June 06, 2018, 12:35:50 pm
Yes, ladies, take it from Melinda Gates and start your own home-based business: virtue signaling for fun and profit.

Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Hoodat on June 06, 2018, 12:53:47 pm
Quote
“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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Oceander on June 06, 2018, 05:03:33 pm
Racist/sexist
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: aligncare on June 06, 2018, 05:11:25 pm
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: RoosGirl on June 06, 2018, 05:15:27 pm
Is that because she knows what a fraud her husband is?
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Jazzhead on June 06, 2018, 06:23:50 pm
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.   
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Free Vulcan on June 06, 2018, 06:25:24 pm
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: catfish1957 on June 06, 2018, 06:27:27 pm
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Cyber Liberty on June 06, 2018, 07:37:38 pm
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.
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Jazzhead on June 06, 2018, 08:02:39 pm
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.

   
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Cyber Liberty on June 06, 2018, 08:08:53 pm
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."
Title: Re: Melinda Gates Bashes ‘White Guys,’ Says She’ll Discriminate Against Them
Post by: Frank Cannon on June 06, 2018, 08:39:55 pm
Good luck seeing a return on this money you stupid stuck up bitch.