Not exact matches
That's partly because 94 percent of investing partners at venture firms are male and, female
entrepreneurs say, less likely to understand the potential of a business that specifically targets
women as customers.
If a young
woman entrepreneur hasn't found a market for her product outside of her sorority sisters, Whitehead
says, it's crucial to be able to tell her that without worrying about hurting her feelings.
An engineer named Bonnie Swift
says the proposals are «sexist» because they will make it harder for
women entrepreneurs to have families.
That dynamic — of
women actively supporting one another's success — is something female
entrepreneurs say is relatively new, and greatly welcomed.
Some VCs have
said Katrina Lake's Stich Fix IPO was huge step forward for
women entrepreneurs.
A serial
entrepreneur — she owns four restaurants and has founded two companies in addition to Thinx — Agrawal
says that the danger of male investors asking the
women in their lives for advice is that, more often than not, those
women are not their target customers.
«A lot of investors
say they don't know where to find minority and
women entrepreneurs,»
says Nasir Qadree, Village Capital's director of education.
I was really struck by the image of Katrina Lake holding her son during her IPO, and there are a number of
women entrepreneurs out there who are
saying, «I want that to be me too.»
• Recode cited anonymous sources
saying he stepped down after «the investigation uncovered behaviors by Jurvetson that were unacceptable related to a negative tone toward
women entrepreneurs.»
The fact that the VC industry is so male — 89 % of partners — doesn't help, Wiedenmiller
says, noting a Stanford study
saying that in 2013
women entrepreneurs received only 4.2 % of VC funding.
Second is that
women venture capitalists, she
says, «are always wanting to support female
entrepreneurs and will recommend angel investors.»
Women in India also have among the most innovative business ideas globally, whereas women entrepreneurs in China have less fear of failure, the report
Women in India also have among the most innovative business ideas globally, whereas
women entrepreneurs in China have less fear of failure, the report
women entrepreneurs in China have less fear of failure, the report
says.
The practical impact of this fear,
said the panelists, was that
women entrepreneurs tend to lag their male counterparts in fundraising because they fear the process of asking for money.
Turkish
women entrepreneurs, especially in the country's less - developed eastern half, need better support systems in their families and adequate financial opportunity, Pulatkonak
says.
As a female
entrepreneur, I recognize the unique issue that
women are facing, and I'm here to
say: it's not fair.
While the experiences of
women entrepreneurs in the developing world are as diverse as the countries they inhabit, since the difficulties facing a small
woman - owned business in Vietnam looks nothing like that of a new venture in,
say, Turkey or India, there are some common challenges.
«It's pretty clear that caring for children is a barrier for
women entrepreneurs,»
says Jason Wiens, policy director for the Kauffman Foundation, citing a study that looked at men and
women who had a PhD in a scientific field.
«For male and female
entrepreneurs alike, having a
woman investor can bring credibility when discussing product positioning and expansion opportunities,» she
says.
The seven economies where there are as many or more
women as men
entrepreneurs are Panama, Thailand, Ghana, Ecuador, Nigeria, Mexico and Uganda, the report
says.
Also, there has been previous academic research showing that fast - growth, high - tech
entrepreneurs in the U.S. tend to be men, which is partly because
women are less involved in science and engineering in general,
says Kelly.
«When a
woman has a choice between being an employee, especially when this is associated with an attractive salary, job stability, good benefits and even high social approval, she is taking a greater risk in entering entrepreneurship; she has to forego this opportunity in order to be an
entrepreneur, and therefore has more to lose,»
says Kelly.
«We know that
women entrepreneurs are developing innovative approaches to business and actively contributing to growing the Canadian economy,» said Clare Beckton, co-author and executive in residence at Carleton University's Centre for Research and Education on Women and
women entrepreneurs are developing innovative approaches to business and actively contributing to growing the Canadian economy,»
said Clare Beckton, co-author and executive in residence at Carleton University's Centre for Research and Education on
Women and
Women and Work.
In the U.S., there are fewer overt barriers for
women to become
entrepreneurs, but there are still «covert» barriers, the report
says, specifically in gaining access to capital or winning government contracts.
Another
woman steeped in the issue is Megan Smith, the first female US Chief Technology Officer (CTO), who
says, «So many Americans have the grit and creativity of a world - class
entrepreneur, but they lack the resources — mentorship, networking, funding, training — to bring their ideas to fruition.»
The government
said it will make $ 1.4 billion available over three years in new financing for
women entrepreneurs through the Business Development Bank as well as $ 250 million over three years through Export Development Canada for financing and insurance for
women - owned and
women - led businesses.
From Uber's toxic workplace, to reports of venture capitalists harassing female
entrepreneurs, to that Google bro who posted that manifesto
saying women tend to be more neurotic than men even as the company undergoes a federal investigation into whether it pays
women less than men... none of this is good.
Fiorina: A
woman business owner once
said to me, «You know we train people to be employees now, we don't train them to be
entrepreneurs,» and I think that is true.
Amy Millman, co-founder and president of Washington - based Springboard Enterprises, which connects
women entrepreneurs with investors
says, «Investors, like bankers, pretty much invest in what they know, something that they understand or that is clear to them.»
This makes men more primed to be the bigger risk takers, which help explains the higher number of male
entrepreneurs than
women, Musselman
said.
«Enormous untapped investment opportunity exists for venture capitalists smart enough to look at the numbers and fund
women entrepreneurs,»
said Babson professor, report author, and Diana Project ™ co-founder Candida G. Brush.
«Jim Turley demonstrates the power of principled leadership in spurring growth among
women's businesses, from emerging
entrepreneurs to established suppliers,»
said Pamela Prince - Eason, President & CEO of WBENC.
«Female
entrepreneurs are a critical part of the fabric of Silicon Valley,»
said Katrina Lake, founder and chief executive of the online clothing start - up Stitch Fix, who was one of the
women targeted by Mr. Caldbeck.
Having
said that, about 40 percent of our portfolio has a
woman entrepreneur on the founding team.
While the challenges for
women entrepreneurs can be great, Wang added, they need to start with the right mindset and
say, «I can do it.»
«
Women and minority
entrepreneurs strongly contribute to Atlanta's economic growth, and Startup Runway is authentically committed to their success,»
says Cox Enterprises Vice President of Corporate Strategy and Investments David Blau.
«By being more visible and showing we can do this,» Gouw
says, «maybe
women will become more confident to be
entrepreneurs and investors themselves.»
«In our small way we're stepping up to be leaders, and maybe people will see it, and it will encourage more
women entrepreneurs or younger
women in business to stay with it,» Ms. Gouw
said.
«I would have shown other
women how I did it,» Brand
said of being a tech executive, an
entrepreneur and a mother.
Needless to
say, RBC is proud to be the # 1 bank for
women entrepreneurs in Canada, with 22 per cent market share.
Female investors
said they did not specifically seek to invest in companies founded by
women, but that because of their networks, they received more pitches from female
entrepreneurs.
They attribute that proportion to the company's mobile focus, as
women are over-represented in mobile device and app use compared to men by 20 to 25 percent, which thus inspires more female
entrepreneurs,
said Fonstad.
Related to point # 2, in the Parenting as an
Entrepreneur episode, Alicia Ybarbo
said something that really stuck out to me — that
women get very good at narrowing in on solutions and making split decisions because there is basically no time to labor endlessly over camp options or put up with working with someone crazy when there is a less crazy alternative.
The president
said Saturday the U.S. would contribute $ 50 million to a new World Bank fund conceived by his daughter that aims to help
women entrepreneurs access capital and other support.
Gillibrand
said in Farmingdale that
women and minority
entrepreneurs need more small business loans.
Announcing the facility at a meeting with the First Lady and her delegation of
women Ghanaian business leaders and
entrepreneurs, the President of CBMIE, Mr Chen Yongxin
said the facility was made available to Ghana because the country is a preferred destination to do business in Africa and has tremendous confidence in the government of Ghana to improve on the living conditions of the people through the 1D1F initiative.
Larry English, a member of Community Board 9 and its former chair,
said he found the recent bill that Quinn sponsored with Dickens to increase business opportunities with the city for minority and
women entrepreneurs, a move directly aimed at the city's minority neighborhoods.
im a single father to a 2 yr old baby girl, but i have every weekend free;) im heavily tattooed, im way into art and am a graffiti artist and
entrepreneur... i want a sexy
woman to take care of me while i take care of her special needs;) i love to have fun, most
say i need to grow up but i...
It's possible the market size hasn't been compelling, well documented, or communicated to prospective investors by
entrepreneurs,» he
says, suggesting that investors think Tinder, Hinge, and the other straight - focused apps are serving lesbian
women sufficiently.
«You have to be scrappy to be an
entrepreneur but there is now tremendous opportunity in the industry,»
says Nicole Bradick, who founded a firm called Custom Counsel when she saw a chance to match understaffed law firms with the idle talent pool of
women who'd left law after having children.
On the other hand, if you
say you offer tax and financial advice to
women entrepreneurs who want to have fun while becoming successful, you've made yourself stand out.