A Picture of Both Opportunity and Urgency
A review of The Untapped Potential of Women-led Funds
A fresh report by Women in VC, The Untapped Potential of Women-led Funds, is hot off the press, making it the newest reinforcement to a growing movement of increasing diversity in venture capital. The report, published today, paints a poignant, data-driven picture of the current state of gender equality and diversity in venture funding and urges that we are now at a critical juncture for enacting change in this space.
The report’s motivating question is one that also keeps me up at night — How come the funding stats for female founders have not been improved by the influx of diversity and gender equity initiatives that now proliferate the venture capital world?
The answer? We do not have enough female fund managers.
Untapped Potential’s central argument is simple and resonates deeply with the perspective I’ve focused my own digital work and personal investment portfolio on: innovation drives wealth and prosperity, and making sure there are enough females with check-writing ability in venture is critical to closing the wealth gap and reaching a whole diversity of currently underrepresented markets. In the words of the authors, “The VC industry overwhelmingly invests in founders, teams, and products that look…
