'Why are venture capitalists so obsessed with pouring billions into companies founded by men, including those that flame out WeWork-style? And when will female founders get their fair share of the pie?' @_emmahinchliffe @fortunemagazine fortune.com/2020/03/02/fem… #fundfemalefounders
@_emmahinchliffe @FortuneMagazine 'In 2019, investment juggernaut @SoftBank poured at least $5 billion into the imploding @wework. That's about $1.5 billion more than the total VC investment in all female-founded companies combined during the same period.' @_emmahinchliffe @fortunemagazine fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork "It's the most visible public argument for why gender diversity in founding teams, in cap tables, at the board level, and in management at a company is compelling," @pamkostka @AllRaise says of the @WeWork comparison.' @_emmahinchliffe @fortunemagazine fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise <high> 'The $3.54 billion that went to companies founded only by women accounts for a slightly larger share than such startups took in in 2018: 2.7% vs 2.2%. That's still below 2014's high, by percentage, of 3.1%.' @_emmahinchliffe @fortunemagazine fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise 'Investors shelled out for 648 total deals backing female-only founding teams—compared to 7,336 transactions for all-male founding teams. All-female teams got 6.8% of total VC deals by that metric.' @_emmahinchliffe @fortunemagazine fortune.com/2020/03/02/fem… #fundfemalefounders
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise 'The average deal for a female-only founding team was $6.6 million; average for an all-male founding team was $17.1 million. The median deal size for a female-only founding team was $1.9 million compared to an all-male team's $3.5 million' @_emmahinchliffe fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise 'Most of the money going to female-founders—$1.58 billion—went to companies raising money when they're considered early stage..Male founders, by comparison, see a dramatic increase in total funding from early to late stages, where rounds tend to be larger' fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise 'That discrepancy is not something that can be erased quickly, says @PamKostka; until more female-founded companies are funded adequately in the early stages and grow successful to the point where they can drum up later-stage rounds, the gap will remain.' fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise 'The largest deal for an all-female-founded company in 2019—$157 million for Rachel Romer Carlson and Brittany Stich's @GuildEducation—was still more than $440 million less than the 10th-largest deal for all-male founding teams last year.' @_emmahinchliffe fortune.com/2020/03/02/fem…
@_emmahinchliffe @FortuneMagazine @SoftBank @WeWork @PamKostka @AllRaise @GuildEducation "Women are not raising as much as men, so they have fewer opportunities to fail. Failure is part of the story..We need to make sure women are getting enough capital to go through that learning process and achieve success on the other side." @pamkostka fortune.com/2020/03/02/fem…
