Silicon Valley VCs and the Gender Gap

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Silicon Valley VCs and the Gender Gap

Posted by Soulskill on Sunday February 7, 2010 @04:58AM from the bake-me-a-pie dept.

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%."

9 of 375 comments (clear)

Time for.... by zach_the_lizard · 2010-02-07 05:00 · Score: 5, Funny

Time for another insightful discussion on the gender gap in tech. There will be no flames, no attacks, and no blaming. Just quiet, reflective discussion.

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SSC
Conspiracy!! by markdavis · 2010-02-07 05:07 · Score: 2, Funny

>"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 were founded by women."
Yes, we have discovered a massive conspiracy by society to prevent women from founding new companies. New evidence shows States refuse to give business licenses to women, especially if it is apparent it will be a high-tech company. News at 11....
Re:Does it ever occur to anybody... by noidentity · 2010-02-07 05:09 · Score: 5, Funny

if women aren't highly represented in these endeavors, it might be a sign that women just aren't interested in the same damn things that men are?

You've highlighted yet another gender gap that needs to be closed. We need to take stronger action to ensure that men and women are interested in all the same things!
Re:Women in technology? by zach_the_lizard · 2010-02-07 05:09 · Score: 4, Funny

It is indeed sad. How else am I to meet that cute but nerdy female counterpart who can outcode me in C and be in my guild?

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SSC
Re:Does it ever occur to anybody... by Adambomb · 2010-02-07 05:15 · Score: 2, Funny

He must be from marketing!
GET `IM!

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Ice Cream has no bones.
Re:Women in technology? by Anonymous Coward · 2010-02-07 05:25 · Score: 4, Funny

Fat Camp.
Re:Women in technology? by 0100010001010011 · 2010-02-07 05:51 · Score: 5, Funny

cute, nerdy, female?
Choose two.
Re:Women in technology? by maxume · 2010-02-07 05:58 · Score: 2, Funny

So there are a bunch of dudes that you find cute and nerdy?

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Nerd rage is the funniest rage.
Pah, they are fine at that age by SmallFurryCreature · 2010-02-07 08:24 · Score: 2, Funny

Girls are fine at that age, it is when they start dating that their IQ drops to room temperature. But I got a cunning plan: I just forbid my daughter to date! That will work right? I mean teengirls do listen to their father right? Right???

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MMO Quests are like orgasms:
You may solo them, I prefer them in a group.