Silicon Valley's actions have been in the news throughout the year.
From a now ex-Google (GOOGL) worker penning a missive on the lack of workplace diversity to Uber's internal meltdown to the Equifax (EFX) hack, the tech crowd has come under heavy fire from critics. But despite the heavy dose of bad press, PayPal (PYPL) CEO Dan Schulman believes Silicon Valley could be fixed -- and it very much starts with getting the board composition right.
First and foremost, Schulman thinks companies must know where they are going before establishing a good board. Schulman was optimistic that Silicon Valley's culture, which in many respects stems from the board, could be fixed.
"I absolutely believe that companies have a moral obligation to be a force for good -- that means you have to act on it, not just talk about it." Added Schulman, "technology can play a great role in being an inclusive force, and I think it has to do that -- it can not drive further divide, we have enough of that in our world and country."