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'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…
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Cindy Gallop
@cindygallop
OK folks, hold onto your hats. Here we go. Starting my annual ritual of live-tweeting my reading of the @voguemagazine #septemberissue. Fyi: this will be happening on and off through today, because a) there's a LOT of the September issue, and b) I also have Saturday chores 🙂
@voguemagazine So...the cover. @taylorswift13. Very much admire her as a young woman conquering the sexist patriarchal music business, but - I would've loved to have seen someone not a 'standard celeb' on the cover, ideally someone older, and most ideally someone black. #liveolder #diversity
@voguemagazine The marquee inside front cover/7 pages/scent strip spot is taken by @YSL for Libre feat @DUALIPA. I can't even begin to think what that ad placement cost. A good less-obvious celeb choice, but again, as a dedicated daily wearer of YSL scent Nu, would like to see an older woman
Read 93 tweets

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Arash Kolahi
@ArashKolahi
If income had simply increased at the same rate as productivity (no more, no less), the vast majority of workers could be working just 12 hours a week & making the *same* income as they are making now full-time.

EVERYTHING they don’t want you to know about income. Thread 1/22
Put differently, if our income had increased at the same rate as worker productivity (no more, no less), the vast majority of workers who are working full-time would be making approximately three times the income they are making right now.

Three times! 2/22
If the minimum wage were simply adjusted for inflation & standard of living based on 1968 as a benchmark (no more, no less), the minimum wage in the US today would be over $20 an hour.

That’s more than double the current minimum wage. 3/22
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Arash Kolahi
@ArashKolahi
Hi. Economist here. There are two fundamental economic problems with billionaires. Both of which are quite easy to prove.

The first problem is that the very existence of billionaires literally precludes others from earning a fair & equitable wage.

Let's prove the case: 1/10
If we think of the total output of the economy as a giant pie and then we were to divide up the entire pie equally among all workers who contributed to making it, each slice would be roughly $130,000 per year*. 2/10

*2018 US Gross Domestic Income / # employed at the time
If wages were equitable, that would mean the avg worker, working the avg duration at an avg effort, should receive the avg income of roughly $130,000 per year. Of course, some might earn a bit more or a bit less for greater or less than avg effort, sacrifice or duration. 3/10
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Grunt
@GruntBuckling
THREAD:
@2020MNCongress is a @GOP candidate for the Congressional seat of Minnesota 5 currently held by Ilhan Omar - @IlhanMN

According to @2020MNCongress (Danielle Stella), she is working on her campaign alone & without assistance. Thus she alone manages her Twitter account. 2/
Any independent review of her Twitter account would conclude that rather than proposing policies and ideas that could potentially help her community and future constituents, @2020MNCongress is using her account to promote and amplify her hatred of Muslims ... 3/
.... and spread completely unproven - and often fabricated lies - about her potential future opponent Ilhan Omar - @IlhanMN
Many of these tweets are borderline dangerous - some even represent a direct or indirect or implied threat of actual violence towards Ilhan Omar @IlhanMN 4/
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OnePmWatches
@OnePMwatches
Wearing a watch is one of the most important things that a man can do for himself. I'll show you 10 powerful reasons why you should.

#Thread
Many young men think that watches are out of style especially because of the advent of smartphones.

That can't be further from the truth.

Read on and I'll prove it to you.
1. Wearing a watch makes women think you are sexier than if you are not wearing one.

Think about it. Look at the picture. Who do you think looks more put together?
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ClareBDimyonMBE(QfD)(L-GBT) the 1st!
@BDimyon
@SurvivorsnetBtn @RASASC_London @survivorstrust @Danvers07943910 @ObjectUK @BrightonSurvivorsNET “In the light of a highly disturbing increase of #transphobia locally & nationally…” IF everything anybody says or does is #transphobia, of course you can say it is rising. Any reputable statistics?
@SurvivorsnetBtn @RASASC_London @survivorstrust @Danvers07943910 @ObjectUK “…so the date @Womans_Place_UK event feels like a concerted effort to make #trans ppl, & particularly #transwomen, feel #intimidated and #invalidated” Is it the position of SN that the sensitivities of #transwomen mean that #democracy should be suspended any time they say so?
@SurvivorsnetBtn @RASASC_London @survivorstrust @Danvers07943910 @ObjectUK @Womans_Place_UK #Transwomen do face special challenges but they remain #bio #logical #males but it is fine for them #Gender express as ‘women’ but with the best will in the world, they remain #bio #logically #male @WomenEqualities @Commonswomequ @PennyMordaunt @MariaMillerUK @LesleySemmens
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