Let’s get real about supporting women in tech
“The Kauffman Foundation, for example, released a study demonstrating that tech companies led by women are more capital-efficient and achieve, on average, a 35 percent higher return on investment (ROI) than firms led by men. Forbes found that women tech entrepreneurs (working from the disadvantage of having received 50 percent less VC funding), are still able to generate 20 percent greater revenue than their male counterparts. […]
“Yet only about 7 percent of VC money goes to women-led startups, a number that hasn’t really budged in years. […]
“This is about fairness. We need to put our money where our mouths are and support gender equity in tech to really turn this problem around.”
The numbers aren’t improving. Could it be because men just do a better job? Not according to the research.
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