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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%."

3 of 375 comments (clear)

  1. Oblig. by Erikderzweite · · Score: 0, Redundant

    sudo make me a sandwich

  2. Re:Why should I care? by postbigbang · · Score: 0, Redundant

    No, it's a fact. There's a white aristocracy that ruled the US for centuries. It's only now waking up to encompassing those from other races. Go look at the racial composite of the Fortune 500, and the top 100 private corps in the USA. Doesn't quite reflect the population, does it?

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    ---- Teach Peace. It's Cheaper Than War.
  3. Re:Time for.... by SpaceCadets · · Score: 0, Redundant

    In defence, FSA isn't the kind of person PS wants to hang out with, if that is thier reaction. Not every female of similar age acts like your FSA, sounds like the bitch crowd from my old High School. If PS approached the right FSA there may be a totally diferent response. I know if a PS spoke to me (fat depressed friendless girl in school) I would not have said that. /shrug