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Silicon Valley VCs and the Gender Gap

fysdt writes with this excerpt from TechCrunch: "An analysis of Dunn and Bradstreet data shows that of the 237,843 firms founded in 2004, only 19% had women as primary owners. And only 3% of tech firms and 1% of high-tech firms (as in Silicon Valley) were founded by women. Look at the executive teams of any of the Valley's tech firms — minus a couple of exceptions like Padmasree Warrior of Cisco — you won't find any women CTOs. Look at the management teams of companies like Apple — not even one woman. It's the same with the VC firms — male dominated. You'll find some CFOs and HR heads, but women VCs are a rare commodity in venture capital. And with the recent venture bloodbath, the proportion of women in the VC numbers is declining further. It's no coincidence that only one of the 84 VCs on the 2009 TheFunded list of top VCs was a woman. ... Additionally, it is harder for women to obtain funding than for men. ... historically, women-led companies have received less than 9% of venture capital investments; in 2007, the proportion of funded female CEOs dropped to 3%."

2 of 375 comments (clear)

  1. America is already screwed up by Runaway1956 · · Score: 0, Flamebait

    FFS - the entire issue of female ownership is partly genetics. Women aren't as competitive as men are. It's a fact. Get over it. We don't need any more equal opportunity programs, we don't need morons meddling in people's natures. Those women who ARE competitive should certainly not be held back because they are women - but get any group of women together, and they quickly determine how to COOPERATE. Unlike the guys. With us, some muscle brain has to establish his alpha-dog dominance, and he leads. Simple as that.

    Guys enjoy cutthroat competition more often than women do, so guys get into occupations that make use of it. We can't all become pussies, so that women can compete. Nor can they grow muscle, or manipulate their psychological makeup to compete with the guys.

    Liberals need to get a grip on reality. Our nation wasn't built by sensitive little gayboys.

    --
    "Windows is like the faint smell of piss in a subway: it's there, and there's nothing you can do about it." - Charlie Br
  2. Re:Why should I care? by kayak334 · · Score: 1, Flamebait

    By and large, it's just a bunch of white guys hiring their friends into ridiculously high paying jobs with no skills other than being good at socializing with other white guys. Sorry about the egregiousness, but somebody had to say it.

    Comments like this really don't help anything. Not only is your comment highly untrue, but it demonstrates a level of jealousy and personal issues that we really aren't interested in discussing.

    If you think that these ridiculously high paying jobs require no skills and nothing other than a buddy from the tennis club downtown, then why aren't you doing that? Many of these jobs require skills that you may consider "talent-less", but unless you are able to do them, the demand for those talents becomes higher. And lets face it, you can't do them. The job responsibilities of these individuals require a high level of skill and talent to succeed in a competitive market like technology.

    Basically, you're commenting from the talent-less pool of individuals who think they are being oppressed by some "good ole boys club" and can't do anything about it. You're free to think that, but you might want to aim higher.

    Sorry for the egregiousness, but somebody had to say it (again).