[mer-i-tok-ruh-see]: An elite group of people whose progress is based on ability and talent rather than on class privilege or wealth.
It’s a meritocracy. I have no doubt that there are pockets of issues. I can only speak about Sequoia, we have quite a few women partners.
– Sequoia Capital partner Greg McAdoo, answering a panel questions at TechCrunch Disrupt about whether there’s sexism in the venture capital industry