And that type of statistic was hardly an isolated one: Just this month, we were the only
female founders at the coworking space pitching at a startup night.
To find those traits, we polled a sampling of successful
female founders at the event, from Wurwand to an 11 - year - old lemonade entrepreneur who snagged a sweet offer on Shark Tank and an El Salvadoran - immigrant - turned - millionaire - waste management mogul who «turns trash into treasure.»
Not exact matches
Only 2 % of venture funding went to
female founders in 2017, and just 8 % of partners
at the top venture capital firms are women.
Theresia Gouw, once a partner with Accel Partners, and Fonstad, formerly managing director
at Draper Fisher Jurvetson, founded Aspect Ventures; Aileen Lee left Kleiner Perkins to launch seed fund Cowboy Ventures; Gilt Groupe's former CEO Susan Lyne hatched AOL's BBG (Built by Girls) Ventures; serial entrepreneur Anu Duggal launched the
Female Founders Fund with the express purpose of investing in women.
Between being a minority
at pretty every much industry event, having to convince (mostly male) venture capitalists to invest in your company, and having those investors constantly question your judgment, being a
female founder can be an isolating experience.
In 2017, TechCrunch reported that only 17 % of the 43,008 venture - funded companies in its directory CrunchBase have
at least one
female founder.
«The small number of venture firms with
female founders and / or an unusually high percentage of
female partners invest
at elevated levels in
female entrepreneurs,» according to a 2016 CrunchBase report on venture capital funding.
Only 2 % of venture funding went to
female founders, and just 8 % of partners
at the top venture capital firms are women.
(
Female Founder Office Hours is a series of events
at which investors will talk with and advise women entrepreneurs in one - on - one sessions.)
According to First Round Capital's analysis of its own portfolio, companies with
at least one
female founder provided them with 63 % better returns on investment than companies with all - male teams.
Las Vegas has the honor of the highest percentage of venture - backed companies with
at least one
female founder: 26 percent.
The absolute number of startups in Crunchbase with
at least one
female founder has more than quadrupled in the last five years, from 117 in 2009 to 555 in 2014.
Spanx
founder Sara Blakely, Wanderu co-
founder Polina Raygorodskaya, and a host of other
female business leaders also will be appearing
at the event.
The number of women, African - Americans and Hispanics employed
at companies such as Google, Facebook and Yahoo lag far behind the U.S. work force as a whole; meanwhile, only 3 percent of venture funding is earmarked for
female founders, and
founders of color claim less than 1 percent, according to U.S. chief technology officer Megan Smith.
The first
Female Founder event will help hone the pitches of entrepreneurs whose companies are
at the seed stage, with two more events focusing on firms
at the Series A and growth stages scheduled for February and March, respectively.
Along with other
female venture capital partners, Lee is launching Female Founder Office Hours — a series of events at which investors will talk with and advise women entrepreneurs in one - on - one ses
female venture capital partners, Lee is launching
Female Founder Office Hours — a series of events at which investors will talk with and advise women entrepreneurs in one - on - one ses
Female Founder Office Hours — a series of events
at which investors will talk with and advise women entrepreneurs in one - on - one sessions.
At the same time,
female founders received a mere $ 1.46 billion in funding last year, compared to the $ 58.2 billion haul of companies with all - male
founders.
With five months into this year, U.S. firms with
at least one
female founder have raised about $ 4.4 billion in funding based on data from Pitchbook.
Whether you look
at straight demographic statistics, listen to the testimony in the recent sexual harassment suit against storied VC firm Kleiner Perkins, or talk to
female founders about their experiences fundraising, the picture you get of the industry's openness to women isn't the rosiest.
At Foundation, we host a
Female Founders conference each year for exactly this reason.
In early 2012, Best Buy
founder Richard Schulze resigned from the company amidst his role in turning a blind eye
at a company scandal involving a top executive's shady «personal conduct» (i.e. an affair) with a certain 29 - year - old
female employee.
Of the U.S. - based companies that received a round of venture capital financing in 2010, only 6 percent had a
female CEO, 7 percent had a
female founder, and 10 percent had a
female founder or CEO
at some point, according to Dow Jones VentureSource.
From a deal volume perspective, Q1 2018 saw 14 percent of venture deals include
at least one
female founder.
Leading seed investors in companies with
at least one
female founder include Y Combinator with 28, SOSV with 10 and BBG Ventures and Innovation Works
at five investments each.
Seed - funded companies with
at least one
female founder raised $ 218 million in Q1 2018.
The brave stand to go on the record by three
female founders is forcing the venture capital & start up community to take a hard look
at why unwanted sexual advances toward women in the workplace continue to be an issue.
Reviewing the data over the last 10 years, 2015 is the first year that companies with
at least one
female founder have broken through the threshold of 10 percent of venture dollars.
At the time, I was looking for more
female founders of coworking spaces.
Between 2010 and 2015, 10 percent of venture dollars globally, a total of $ 31.5 billion, funded startups that reported
at least one
female founder.
Four of the five highest in terms of percentage of total rounds in startups with a
female founder — SOSV, VTF Capital and Metamorphic Ventures — have no
female partners, though the top firm, MassChallenge,
at 42 percent of its portfolio, has a
female managing director in Mexico.
In the last three years, according to CrunchBase data, 16 percent of newly launched venture and micro-venture firms, 20 firms in all, had
at least one
female founder.
Across all funding stages in 2016, $ 10 billion went to companies with
at least one
female founder contrasted with $ 94 billion invested in male - only
founder teams.
At Y Combinator's fourth
Female Founders Conference in San Francisco last week, Lee talked about that HBR study and the bias she sees every day.
In order to get a closer look
at the venture firms investing in
female founders, we compiled a list of all the firms that closed 45 or more investments between 2010 and 2015.
During the same time period, 17 percent of seed / angel rounds globally, a total of $ 2.35 billion, funded startups that reported
at least one
female founder.
In a study posted in May last year, CrunchBase reported the percentage of funded startups with
at least one
female founder increased from 9 percent to 18 percent between 2009 and 2014.
The percentage of global VC deals for companies with
at least one
female founder sits
at about 17 %, per PitchBook data.
It's
Female Founders month
at Startup Grind, and we're excited to be hosting Anna Gong, the CEO and
Founder of Perx Technologies!
Just 7 percent of partners
at the top venture capital firms are women, and only 17 percent of startups have a
female founder, according to Crunchbase studies.
One night
at the conference, another
female entrepreneur says she visited a suite
at the Shelbourne Dublin hotel where Pishevar had convened an after - party with other
founders and investors.
If we look
at the position of women specifically within this landscape, we see a thriving network for collaboration and a good support structure for
female founders.
Of those, 15.5 percent, or 2,226, had
at least one
female founder.
We talked with the group yesterday to learn more about the day, which is primarily designed to give
female founders a chance to talk one - on - one with the VCs for
at least 30 minutes, though networking and broader - based fundraising advice is also a key feature of the program.
10:45 a.m. - 11:45 a.m. Karen Linder Author,
Founder Linseed Capital LLC, Co-
Founder and President of Tethon 3D Topic: Women
at the Top and
at the Table: Warren Buffett's
Female CEOs and Directors
«We are getting a first look
at an unfair share of these amazing, oftentimes repeat entrepreneurs, who happen to be
female,» said Theresia Gouw, a
founder of Aspect and a former partner
at Accel.
At Loukoumi's home they discover Fistiki's Aunt Cat Cora, a character based on celebrity chef, restaurateur, and cookbook author Cat Cora, the first and only
female Iron Chef, and President and
Founder of Chefs for Humanity, which works to reduce hunger around the world.
The four
female directors of casino operator Wynn Resorts said
at a Las Vegas forum they are committed to helping the company move onto a new chapter following the sexual misconduct scandal that engulfed its
founder earlier this year.
Besides being the first black
female Ph.D. in her field and the
founder of the National Human Genome Center
at Howard, a historically black university, where was she coming from?
A recent study by Joan Y. Chiao, then
at Northwestern University, a
founder of the new field of cultural neuroscience, found that voters perceive male candidates as more competent and dominant than
female ones, based on facial features alone.
The
female founders of super-successful SoulCycle and BBG Ventures, who require
at least one
female founder, participated in its seed round.