Joanna L. Krotz, Author, Being Equal Doesn’t Mean Being The Same
Women entrepreneurs and investors still aren’t in the room when venture deals get done, even as women launch businesses nearly twice as fast as male-owned firms.
About 75% of the country’s 316,600 angel investors are men, according to the Center for Venture Research. That jumps to a shocking 95% male for decision-making partners at venture capital firms, according to PitchBook, an industry researcher. Plus, those numbers are going in the wrong direction. In 1999, women accounted for 10% of VC partners, according to a Babson College study.