“Women are really good managers. People love working for them … Women attract teams that are very driven. That’s because they subvert their egos and allow other egos to shine,” said Tim Draper, Managing Director, Draper Fisher Jurvetson. By Geri Stengel (Contributor, Forbes)
Gender matters. It impacts the type of businesses entrepreneurs start, their aspirations for growing the business, and how they the fund it.
Women tend to focus on industries with a slower rate of growth; they aspire to smaller companies, and seek outside funding less frequently than men do, according to Department of Commerce research.
But, some women do go for the brass ring. These women need outside funding. Going after equity investment is part of their game plan. » Read the full article at Forbes.