Dusek: Enygma Ventures invests exclusively in female founders
“Yeah, we invest only in female founders which is my attempt to counter steer against gender imbalance in the startup world.”
Dusek: Female founders are better people managers, listeners, and more intuitive
“We typically tend to be better at, I think we're typically better people managers. I think we're more intuitive and I think we're better listeners.”
Dusek: Realism is a disadvantage in venture capital
“So what we, you know, and sometimes to our fault, we're a bit more realistic. That can be a disadvantage in the venture capital space. You know, you are rewarded for being bold and brave, not conservative and realistic.”
Muccio: Female founders received only 2.2% of $130B in VC funding
“Only 2.2% of the hundred and thirty billion in venture dollars last year went to female founders.”
Jillian Manus: Female founders face a double standard regarding pitch assertiveness
“When a woman has to pitch, especially to a majority of men, alright, you have to come off tough. Yeah, that's fair. You have to, and it's, unfortunately, it's a catch-twenty-two for women. Either you're cocky or me. Yeah, if that was a man standing up here and…”
Dusek: Being realistic is a disadvantage in venture capital
“Sometimes to our fault, we're a bit more realistic. That can be a disadvantage in the venture capital space. You are rewarded for being bold and brave, not conservative and realistic.”
Livingston recommends Barbra Streisand's memoir as a playbook for female founders
“Every female founder should read this book. And you're looking at me like that's so random, but it's because she was such a success within this totally male dominated, like world of Hollywood. And just treated like garbage and dismissed and, you know, called a…”
Vo: Female founders represent ~13% of founders and receive ~2% of VC
“I think Carta said that 13 something percent of founders last year were women. It's declining year over year. FEMA-led founded teams were at least two percent of venture capital. Women hold 30% of senior leadership roles. Women are 30% of software engineering …”
Suresh: VC underinvestment in women founders stems from a validation data deficit
“Of course, there is a capital problem. There is of course an allocation problem. There is of course a data problem. There aren't enough female founders who've made it yet for people to be able to say, I will validate this and put my money.”
Less Than 1% of Founders Taking Companies Public Are Female
“One of like less than one percent of the founders who took a company public in the last 10 years were female.”
Calacanis: Hit pieces on female founders get ten times more clicks
“If you go after a female founder, you're going to get 10 times as many clicks.”
Lomban: Female founders stand out and stay top of mind for investors
“Because it's easier being a female. At least they remember you know, and this is something I value very much. You know, at least you're in, you could be top of the mind because they know you.”
Weisbrot: Female Founders Are Much Better at Running Companies Than Men
“Like it is evident to me that female founders are much better at running companies than men.”
Chernis: Female founders must work 98% harder than male peers
“Female founders, do you know this, Nathan? We have to work 98% harder than our male counterparts.”
Later-stage investors struggle to view female founders as both visionaries and operators
“Recognizing how challenging it was to really get capital. Particularly later stage capital as a female founder to be seen as both visionary and a strong operator.”
Atherton: VC-funded female-founded startups grew from 410 in 2009 to 2,700
“There's a great, like, all-raised statistic that, 2009, 410 companies who had female founders got VC funding, whereas last 2019, 2700 companies got VC funding.”
Atherton: Female founders pitch market sizes less aggressively than male peers
“I feel like the appetite for risk for a lot of female founders to really answer that question, you know, how big can this be is it's more realistic perhaps of like, okay, well, we have product market fit, the product's going to change a bit. So, Realistically,…”
Fein: Adding female VCs will increase capital flow to female founders
“And when we get more women on investment teams, more venture capital dollars will flow into female founders.”
Duggal: All-male partner teams signal exclusive culture and limit deal flow
“I think that we've seen with our female founders is that if you are looking to pitch a fund with a website that's full of all men partners, that tends to really signify a certain culture within that firm, and so I think that as VC funds add more diversity to t…”
Stebbings: Many male VCs refuse one-on-one dinners with female founders
“Quite frankly, I have a huge amount of VCs say, like, there's no way I'm ever doing that again. I don't want anyone to misconstrue it.”
Boujarwah: Restricting male VC and female founder dinners harms female founders
“As a founder, the relationship that I'm able to build, the trust, the partnership that we have with the members of our board and with our investors is critical to our success. And making sure that that happens in the same way that it would happen with a female…”
Laura Behrens Wu: The market cares about product quality, not founder gender
“I would like it more to be just a conversation about like being the best founder or being a very good founder versus being a very good female founder, because in the end, the market really doesn't care if you're a female founder or not. The market cares about …”
Livingston: Female founders should tune out noise and focus solely on product
“You can't worry too much about what everyone's saying, and all the noise, and like, oh, it's so much harder as a woman. Yes, it's harder as a woman. I've been discriminated against, you know, it's, but I have always kept focused on my product, and You know, wh…”
Shillo: Galvanize Ventures is not exclusively dedicated to backing female founders
“I've been told I'm running a fund purely for female founders, which Would be awesome, but I don't happen to be. You know, that's just in the market because I'm a female working in VC.”
Shah: Female founders understand product startups better than men
“And they get product startups most of the time better than men.”
Glenn: New York has significantly more female founders than San Francisco
“And then there's, there are many more female founders in New York.”
Livingston: Female VCs report female founders take insufficient credit in pitches
“I've talked to a lot of female VCs. Not a lot, but a handful. And the one thing that they say that they notice when female founders come in to pitch them is that they don't take enough credit for what they do.”
Livingston: Female founders are less likely to have programmer friends
“Since a smaller percentage of women are programmers, and most people are likely to be close friends with people of their same gender, that means a woman who wants to start a startup is less likely than a man to have a close friend who's a programmer.”
Livingston: 34.5% of YC's female founders started companies with significant others
“And in 34 and a half percent of the startups that had female founders, they had started the company with their significant other.”
Livingston: 25% of the 2014 YC batch startups have female founders
“So when we see that 25% of the startups in this current batch have female founders, like, I'm certain that this means there's something probably going on here.”
Livingston: 2014 may be seen as a tipping point for female founders
“And I wouldn't be surprised if we look back in five years and feel like 2014 was the tipping point for female founders.”