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Diversity Portfolio Companies Venture Capital

Davis Wright Tremaine LLP

Project W: The Next Generation of Venture Capitalists Is Here

Reflecting on a recent article about a moment of transition in the venture capital industry, Lynn Loacker, Founder and Managing Director of Project W, considers how that transition is well under way and how the next...more

Dechert LLP

Sweeping Law for DEI Transparency of Private Funds with a California Nexus

Dechert LLP on

California continues its initiatives to increase workplace diversity through a new law that will require certain funds with a nexus to California to report DEI information about the founding teams of their portfolio...more

Morrison & Foerster LLP

Key Highlights from California’s New Diversity Reporting Law

Morrison & Foerster LLP on

On October 8, 2023, California Governor Gavin Newsom signed into law Senate Bill 54[1] (the “Diversity Reporting Law”). The Diversity Reporting Law is intentionally broad in its scope and is intended to help highlight and...more

Latham & Watkins LLP

California’s New VC Diversity Reporting Law Aims to Increase Transparency

Latham & Watkins LLP on

Venture capital firms should begin planning now for compliance to avoid monetary penalties or court action. California Governor Gavin Newsom signed Senate Bill No. 54 (SB 54) into law on October 8, 2023. The bill is...more

Goodwin

New California Law to Require Venture Capital Firms to Disclose Founder Diversity Information

Goodwin on

On October 8, 2023, California Governor Gavin Newsom signed into law Senate Bill 54 (“SB 54”), which will apply to a majority of U.S. venture capital investment firms, even if they are not based in California. SB 54 aims to...more

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