women entrepreneurs deliver twice the revenue with half invested - why is it that they're only receiving less than 3% of all venture capital?
In the first three quarters of 2020, amidst a global pandemic unfolding, we saw a drastic decline of funding into female founders – by 31% to be exact. Yet women continue to be resilient, and outperform, with higher valuations and faster exits; as we captured in this report my firm, Beyond The Billion published with Pitchbook.
To continue to fuel innovation by women, we must change the larger game of capital: by ensuring venture funds who drive investments into women-founded companies are supported at large. Beyond a moral imperative, we see this as a business case – investing in women is good business.
I chat a little bit about our work at Beyond The Billion and more with Shinta Dhanuwardoyo and Dr.Yvonne Thompson in conjunction with International Women’s Day 2020 and how women can make funding work for them. Tune in to our session with Women Will by Google:
“HOW IS IT THAT WOMEN ARE 50% OF THE GLOBAL POPULATION, AND YET DO NOT CONTROL THE POSITIONS OF POWER THAT THEY SHOULD?”