LONDON: For fund manager Katie Potts, setting mandatory quotas for women on corporate boards of technology startups is a bad idea. Not because she’s against diversity, but because she says there just aren’t enough suitable candidates.
“There are simply not enough experienced women in the sector and of suitable calibre to fill a third of board posts in the smaller tech company space, ” the founder of UK-based Herald Investment Trust Plc said in the company’s annual financial report this week. Many startups also struggle to compete for talent against bigger companies like Alphabet Inc, Apple Inc and Facebook Inc, she said.