The Maddeningly Simple Way Tech Companies Can Employ More Women

We recently set up an interview at a major company for a senior African-American woman software engineer. After meeting with the hiring panel, she withdrew her application, telling us she felt demeaned by the all-white male group that failed to ask her any questions about her coding skills. She described how one of the men had made it clear to her that she wasn’t a cultural fit and that therefore they didn’t need to proceed with technical questions.

.. executives don’t give as much thought to are some of the simplest determinants of how successful a company will be in hiring diverse candidates.

  • Will women have any input in the hiring process?
  • Will the interview panels be diverse?
  • Will current female employees be available to speak to candidates about their experiences?

Many times, the answer to each of these questions is no, and the resistance to make simple changes in these areas is striking.

.. I often see companies work to make themselves appealing to candidates by emphasizing perks like Ping-Pong tables, retreats and policies that let employees bring their dogs to work. Those things can be appealing to candidates of any gender. But one size doesn’t fit all:

We have to tell these companies to talk just as proudly about

  • their parental-leave policies,
  • child-care programs and
  • breast-pumping rooms.

At the very least, they need to communicate that their workplaces have cultures where women are valued

.. I remind them that when it comes to gender, they have to play catch-up, after long histories of eroding trust by grilling women about how they’ll be able to do the job with children at home

.. Silicon Valley companies are in love with themselves and don’t understand why the love isn’t always returned by the few women to whom they extend employment offers.

.. they’re so proud of so-called boomerangs — candidates who have left a company for reasons that may or may not be related to how it treats women and, after advancing their careers elsewhere, return.

.. Last year, we worked with a company that set a goal that women would make up 50 percent of the engineers on one of its teams. They did it by holding a webinar led by female employees, with 100 female candidates who asked questions about how the organization was changing to become more inclusive to women.

Regaining Legitimacy through Immigration Cuts

Reducing immigration is in the long-term political interest of our ruling classes. This may sound improbable, considering the stupendous assemblage of money and institutional power pushing for ever-higher levels of immigration

.. our institutions are facing a crisis of legitimacy, with an ever-larger share of the people rejecting the rightness of their leadership role. This crisis of legitimacy — which Europe is experiencing as well – is reflected in the declining public confidence in our institutions. It’s a big part of the reason for Brexit and Trump.

.. immigration was the issue that showed the widest gap between “opinion leaders” and the public.

.. immigration was the issue that showed the widest gap between “opinion leaders” and the public.

.. There are no doubt many reasons for the fading legitimacy of

  • Big Business and
  • Big Labor,
  • Big Tech and
  • Big Ag,
  • Big Religion and
  • Big Government,
  • Big Media,
  • Big Academia, and
  • Big Philanthropy.

But both practically and symbolically, the elite push for de facto unlimited immigration is a key contributor, as Brexit and Trump and other anti-establishment movements demonstrate.

.. passage would be a startling reversal of direction by the political class. It would be a strong signal of solidarity of the rulers with the ruled. It would demonstrate that the “executives who give the money” don’t always get their way. The benefit to our political culture (never mind the benefits to the working poor or taxpayers or assimilation) would be enormous.

As Investigations Intensify, Israel Imagines Life After Netanyahu

A black curtain went up a few months ago near Prime Minister Benjamin Netanyahu’s official residence on Jerusalem’s leafy Balfour Street. It screened pesky protesters from Mr. Netanyahu’s view — and prevented the public from seeing lawyers and detectives come and go as criminal investigations of the prime minister intensified.

.. “For the first time, people are thinking that Netanyahu won’t be the prime minister next time around, whether elections take place in a few months’ time or a year and a half.”

.. experts say that Friday’s signing of a state’s witness agreement by Ari Harow, who served as Mr. Netanyahu’s chief of staff and directed his 2015 re-election campaign, could be a game changer.

.. In Case 1000, investigators are looking at whether Mr. Netanyahu offered favors in return for gifts of expensive cigars, pink Champagne and other goods from wealthy friends, including Arnon Milchan, the Israeli Hollywood producer.

.. Case 2000 involves back-room dealings with a local newspaper magnate. Mr. Netanyahu was recorded negotiating with the publisher of Yedioth Ahronoth for favorable coverage in exchange for curtailing the circulation of a free competitor, Israel Hayom.

.. Mr. Netanyahu has had abrasive relationships with some international leaders, including President Barack Obama, particularly over his championing of settlement expansion and his efforts to thwart Iran’s nuclear program. President Trump’s victory came as a great relief to Mr. Netanyahu and his coalition — the most right wing in Israel’s history

.. Mr. Netanyahu has also built strong alliances with other leaders, including President Abdel Fattah el-Sisi of Egypt and Prime Minister Narendra Modi of India, and has expanded Israel’s global reach based on its prowess in intelligence, counterterrorism and technology.

.. showcasing a combative, theatrical style of diplomacy.

.. inside Israel, he is credited with having maintained stability as Arab neighbors descended into chaos.

.. Mr. Netanyahu’s durability can be attributed at least in part to the fractured field of potential rivals.

When Will the Tech Bubble Burst?

The profitless start-ups that were wiped out in the dot-com crash have consolidated into an oligopoly composed of leading survivors such as Google and Apple. These are giants with real earnings, yet signs of a irrational euphoria are growing.

.. One is pitchmen bundling investments with very different outlooks into a single package. Last decade they bundled Brazil, Russia, India and China to sell as the BRICs. More recently they packaged Facebook, Amazon, Netflix and Google as FANG, then, as names and prospects shifted, subbed in Alphabet, Apple and Microsoft to make Faama. Others are hyping the hottest tech companies in China as BAT, for Baidu, Alibaba and Tencent. Whatever the mix, acronym mania is usually a sign of bubbly thinking.

.. Seven of the world’s 10 most valuable companies are in the tech sector, matching the late 1999 peak.

.. The dot-com era saw the rise of big companies that were building the nuts and bolts of the internet — including Dell, Microsoft, Cisco and Intel — and of start-ups that promised to tap its revolutionary potential. The current boom lacks a popular name because the innovations — from the internet of things to artificial intelligence and machine learning — are sprawling and hard to label. If there is a single thread, it is the expanding capacity to harness data, which the Alibaba founder, Jack Ma, calls the “electricity of the 21st century.”

.. the scale of today’s tech boom is not readily visible because much of the investment action has moved into the hands of big private players. In 1999, nearly 550 start-ups went public, and after many ended in disaster, the government tightened regulation of public companies. In part to avoid that red tape, this year only 11 tech companies have gone public. Many are raising money instead from venture capitalists or private equity funds. Venture capitalists have poured more than $60 billion into the technology sector every year for the past three years

.. “unicorns,” companies that haven’t gone public but are valued at $1 billion or more. Unicorns barely existed in 1999. Now there are more than 260 worldwide

.. We can never know when the end will come. Still, there are three critical signals to watch for.

  1. The first is regulation. The tech giants are seen today as monopolizing internet search and commerce, and they are angling to take over industries such as publishing and automobiles, raising alarms at antitrust agencies in Europe and the United States
  2. ..  Going back to the “nifty 50” stocks of the 1960s, nearly every big market mania ended after central banks tightened monetary policy and many people who had borrowed to get in the game found themselves in trouble. The dot-com bubble peaked in 2000, after the Federal Reserve had increased interest rates multiple times.
  3. .. Finally, watch for tech earnings to start falling short of analyst forecasts. The dot-com boom was driven in part by increasingly optimistic predictions for technology company earnings