California has a new law requiring VC firms to ask the founders of the companies they fund whether they're gay. (They're allowed to decline to answer, but the funds aren't allowed to decline to ask.)

California has a new law requiring VC firms to ask the founders of the companies they fund whether they're gay. (They're allowed to decline to answer, but the funds aren't allowed to decline to ask.) https://t.co/JacuAd3OFR

— Josh Barro (@jbarro) March 10, 2026