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TradeBriefs Editorial

From the Editor's Desk

Venture capitalists with daughters are more successful

Richard Nesbitt, a former chief operating officer at the Canadian Imperial Bank of Commerce, has long been an evangelist for women in business. In "Results at the Top", a book he wrote with Barbara Annis, he describes his efforts to convince men to promote women. When speaking to bosses, he stresses data showing that companies with more senior women are more successful. But he has noticed that men with daughters tend to be more receptive to his message. At least for venture-capital (VC) firms, recent research confirms this observation, as well as the assertion that gender diversity boosts performance.

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