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Bay Area IPO hopefuls have a diversity box to check off before their stock debuts

Jan 24, 2020 - Silicon Valley Business News

Goldman Sachs on Thursday joined the push for diversity on company boards of directors by announcing that it will no longer underwrite IPOs for companies in the U.S. and Europe if they lack a director who is either female or diverse. 

It is the latest in a string of moves aimed at pushing companies to open the ranks of their boards beyond the straight, white males that they have historically been dominated by.

A new law that went into effect in California this year also requires al...