TLDR:
- Women now account for 40% of angel investors and 31% of angel-funded companies, a significant increase from 20 years ago.
- Golden Seeds, an angel network investing in women-led startups, has seen success in investing over $180 million in nearly 250 companies.
Jo Ann Corkran and Loretta McCarthy share insights from their 20 years of angel investing, highlighting the progress made in supporting women entrepreneurs. Despite the increase in female representation in angel investing and funded companies, women still face challenges in accessing venture capital funding. Research shows that gender-diverse teams and companies led by women outperform their peers financially. The venture capital community is urged to move away from bias, expand its focus beyond traditional hubs, and increase the representation of women in decision-making roles to promote gender equity and inclusivity. By embracing diversity in leadership, the future of venture capital promises economic growth and innovation for all.
