1 change that can fix the VC funding crisis for women founders – TechCrunch

We need to increase the number of women investing partners who can write large seed checks.

9/20/2021 5:10:00 PM

This funding gap isn't just a moral crisis - it's an economic one. claire lays it out for us.

We need to increase the number of women investing partners who can write large seed checks.

when the solo woman founder took a parental leave, one of my key projects was to develop Jefa House, a way for Jefa’s own executives to easily invest in other women-founded startups.That said, large party rounds made up entirely of small angel checks are few and far between. Similar challenges face small checks from emerging fund managers. Although the sheer number of emerging managers has

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increased 9x in seven years, the reality is that most emerging managers simply don’t have much money.Are women venture capitalists who run their own microfunds more likely to invest in amazing women founders than Tier 1 funds with few or no women investing partners? Yes. Will it take them a long time to compete with those Tier 1 funds in terms of check size? Yes.

This is why it matters so much when leading funds hire or promote women to the partner level. Not only does it give women founders a better shot at funding from high-signal shops, but the moves that top funds make are key signals to others in the ecosystem: In venture capital, women investors don’t have to sit at the kids’ table. headtopics.com

Why we must hire women investing partnersWe all know that great returns in early-stage venture capital come from making big bets on great ideas that others aren’t betting on. That is whyVC investing is contrarian by definition. Thanks to our increasingly globalized world and clear data showing the importance of diverse teams to make good decisions to get those returns, no one in 2021 truly believes that single white dudes in Palo Alto have a monopoly on billion-dollar ideas.

However, due to the nature of homophily, venture capital remains a highly homogenous industry, and the social and economic interactions and decisions of human beings remain deeply swayed by these principles. No matter how much work we do, birds of a feather really do flock — and fund — together.

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