Western Australia’s Minister for Women’s Interests Sue Ellery has stressed the need for cultural change to support more women in STEM, startups, and venture capital, as she shared stories of cultural barriers within even the state government.
Ms Ellery, who is also Minister for Finance and Commerce, called for cultural change in the venture capital sector, reiterating concerns that “investors are still more comfortable investing in startups that are led by people from their own tribe”.
“Whether its people who went to the same school, people who went to the same university, people who are in the same sporting clubs, or people who look and talk like them, so it is still a bit of a boys club, and that’s the bit that we need to shake up,” she said.
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