News Press

Morgan Stanley’s Multicultural Innovation Lab Seizes Opportunity

September 19, 2018


Business Insider
Carla Harris

As I like to say, where there’s a market inefficiency, there’s a commercial opportunity.

We know that only a tiny fraction of venture capital investment flows to women and people of color. Whether because of lack of experience with this demographic, or lack of imagination or understanding, the consequences have had profound societal ramifications. From a financial perspective, underinvestment in female and multicultural tech entrepreneurs represents a market inefficiency.