Tech companies like to say they are building the future. Do they think women wont be there too?
This topic has been coming up a lot lately… Though start-ups that have a women at the helm or as part of the founding team generally achieve higher levels of success, male-run start-ups are more likely to be funded.
Sure, I think it’s safe to say there’re simply more male-run start-ups, but if we don’t become aware of the problem, it becomes a self-perpetuating cycle.
So to all the male funders out there, don’t shy away from female-led companies simply because the founders are “not like you.”
The Dow Jones report, “Women at the Wheel”, found that companies have a greater chance of either going public, operating profitably or being sold for more money than they’ve raised when they have females acting as founders, board members, C-level officers, vice presidents and/or directors. At successful companies, the median proportion of female executives was 7.1%; at unsuccessful companies, 3.1%.