It is no surprise then that four of the major global consumer tech businesses – Facebook, Groupon, Zynga and Twitter – have more female customers than male. However, each suffers from a lack of female representation at board level, and this is true throughout the business world.
By Wendy Tan White (Founder & CEO, Moonfruit)
A recent poll from The Telegraph found that while almost a fifth of young women would like to run their own business, just 3% wanted to become a CEO of a company.
StarVest Partners Provides 5 Scholarships For Dynamic, Entrepreneurial Women To Attend PITCH NYC Conference
For women entrepreneurs with high-growth potential…
Women VCs interviewed say despite the low numbers, the VC industry is a great place for women.
By Grace Nasri (Managing Editor, FindTheBest)
The facts: Women make up just 6% of chief executives at the leading 100 tech companies. Women are launching companies at a rate 1.5 times higher than the national average, but they receive less than 10% of venture funding. Women make up only 9% of board members of Silicon Valley companies. At the leading 25 VC firms, only 8% of the investment professionals are women.
The opinions: The rationalizations as to why this is the case range from placing the onus on women for not majoring in quantitative fields and lacking the necessary skills needed to lead or invest
An interview with Deborah Farrington, founder and general partner of StarVest Partners in New York.
By Adam Bryant (Senior Editor, The New York Times)
Q. What were some important leadership lessons you’ve learned?
A. I found early on as a manager that it was hard to learn how to delegate. I think that most people in their early leadership positions either tend to delegate too little or too much. And I delegated too little at first. I felt I needed to know everything that was going on, so I ended up doing a lot of the work myself
Here are some areas where women can focus to prepare themselves to sit on company boards.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Last week, we saw a flurry of activity around a news article stating that DBL Investors is the only women-led VC firm in the United States. We asked Cynthia Ringo, Managing Partner at DBL Investors about it.
Cynthia Ringo: We know there are more women-led VC firms, and, If we don’t know them already, we love to know about them. Starvest, on the East Coast, also has significant assets under management, and a great track record. I’m not certain, but I believe the article was written on NVCA data, and we did not provide the headline. We know there are other women-led funds, but clearly still few enough to be notable.
By Deborah A. Farrington (Founder & General Partner, StarVest Partners)
The 2011 Forbes Midas List ranked the top 100 venture capitalists based on M&A and IPO exits. As one of the two women included on this year’s list, it was disappointing to see that only two had made the cut. This begs the question: Why so few women on the list, and why so few women in venture capital in general?
Why is it important for more women to enter venture capital?
The career possibilities are terrific and I believe that more women in venture capital will contribute to growing better, stronger, more sustainable companies.