Pre-seed angel investor refused to fund Overjet without a male CEO
Warda Inam · She quit her job without a startup idea. Then built a $550M startup from a bad dentist appointmen... · PMF Show · Jun 3, 2024 · at 19:41
Warda Inam, founder and CEO of dental AI company Overjet, describes the overt gender bias she encountered while pitching early-stage venture investors.
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“An investor, this was an angel investor, they have a fund, a pre-seed fund, who basically told me, hey, I really like you. However the chances of you getting funded next are so low that I don't want to put, you know money in because I think the statistics they shared with me was the, you know, only two percent of female founders get funded. So if you get a male Co founder, I'll fund the company or male CEO. So it wasn't about a co-founder. I had a male co-founder, but it was getting the male CEO in.”
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