Former Xerox CEO Burns on PE Board Diversity, Inflation

The video discusses the importance of integrating diversity, equity, and inclusion into investment firms from the ground up, rather than as an afterthought. It highlights the challenges and opportunities in talent acquisition, emphasizing the need for diverse experiences and backgrounds. The industry faces significant diversity issues, similar to those previously seen in public companies. The impact of inflation on private equity valuations is debated, with a focus on the need for structural changes. Finally, the future of conglomerates, particularly in technology, is explored.

What does the speaker suggest is necessary for the private equity and venture capital industries to improve diversity?

How does the speaker view the impact of inflation on the private equity industry?

What is the speaker's perspective on the future of conglomerates in the U.S. business landscape?