Dow Jones study released today measures success of companies with more women in executive positions.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
A study released today, “Women At The Wheel: Do Female Executives Drive Start-Up Success?”, examined over 20,000 VC-backed companies and 167,556 executives, of which 11,193 were female. Results show that venture-backed startups with women in senior executive roles are more likely succeed than companies where only men are in senior executive roles.
This article has been syndicated from TechCrunch.
By Prerna Gupta (Co-Founder & CEO, Khush)
When I became an entrepreneur at the age of 23, I began in earnest, as do all entrepreneurs, chasing a dream. My dream was clear. I would build a consumer technology company that reached 10 million people and sell the company for millions of dollars, before the age of 30. Then, as the dream went, I would retire to an oceanfront house on a warm Pacific beach and learn how to surf.
I recently had the fortune of celebrating a year in which I saw that lofty goal fulfilled. My company’s iPhone apps had over 10 million downloads, and a competitor paid a large sum of money to acquire what we had built, just a week before my 30th birthday.