Morgan Stanley Encouraged by More Diverse VC Investing

The transcript discusses the progress and challenges in bridging the gap between talk and action in diversity and inclusion. It highlights the impact of the Black Lives Matter movement and the increased interest in investing in multicultural entrepreneurs. The NASDAQ's move to require diversity on boards is seen as a leadership step, while Coinbase's stance on activism shows a contrasting approach. Millennials are driving change in workplace diversity, and Biden's diverse cabinet picks are seen as a positive step towards inclusive leadership.

What percentage of investors now believe they can invest in multicultural entrepreneurs and still achieve strong performance?

• 50%

• 68%

• 75%

• 90%

What is the NASDAQ's recent initiative regarding company boards?

• No initiative was announced

• Offering financial incentives for diverse boards

• Requiring companies to explain why they don't have diverse boards

• Mandating all companies to have a woman and a person of color on the board

How did the CEO of Coinbase respond to social activism within the company?

• Encouraged activism on all social causes

• Supported activism on racial issues

• Focused only on causes related to cryptocurrency

• Banned all forms of activism

What is the younger workforce's view of excellence in corporate America?

• Excellence is achieved through traditional leadership

• Excellence includes multicultural leadership and diversity

• Excellence is defined by financial performance alone

• Excellence is irrelevant in modern corporate culture

How does the younger workforce's view of excellence differ from past corporate norms?

• They prefer homogeneous leadership

• They value multicultural representation in leadership

• They focus solely on profit margins

• They disregard leadership roles

What is a key reason for excitement about Joe Biden's economic team?

• It includes a diverse range of talents

• It is composed entirely of experienced politicians

• It excludes diverse perspectives

• It focuses solely on economic growth

Why is diverse thinking important in leadership according to the transcript?

• It ensures homogeneous decision-making

• It focuses on a single customer base

• It helps serve a diverse population effectively

• It limits the scope of market strategies