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
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.Read more: Women 2.0 »
Hear Sounds From Mars Captured by NASA’s Perseverance Rover
Two microphones aboard the six-wheeled spacecraft add a new dimension to the way scientists and engineers explore the Red Planet.
Opinion | The Elizabeth Holmes Trial Is a Wake-Up Call for Sexism in Tech'She should be held accountable for her actions as chief executive of Theranos. AND it can be sexist to hold her accountable for alleged serious wrongdoing and not hold an array of men accountable for reports of wrongdoing or bad judgment.' - ekp
Check the attitude. There are more reasons than ever to try canned winesThe pandemic — and a need to be outside — have spurred sales of canned wines. Plus, it's just classy. I don’t agree with buying cans from shops and drinking out of can -especially during pandemic-put it in fridge and pour into a glass 🥃
Caroline Styne's canned wine picksStyne is the co-owner and wine director of the Lucques Group of restaurants and is the wine director of Hollywood Bowl Food & Wine.
When it comes to canned wine, these sisters love to break the rulesRobin and Andréa McBride are co-founders of McBride Sisters Collection, the largest Black-owned wine company in the U.S.
43 Tomato Sauce Recipes for All Your Pasta-Adjacent NeedsWhether you're looking for ways to doctor up canned tomatoes or use summer's ripest fruits to top pasta, fish, chicken, and more, your new favorite tomato sauce recipe is here. 😋
A Theranos Timeline: The Downfall of Elizabeth Holmes, a Silicon Valley SuperstarTheranos launched in 2003, and by 2014 was valued at over $9 billion. Five years later, the company had dissolved, and founder Elizabeth Holmes was criminally charged with fraud. How did it all unravel? You guys broke the story. ... 😘 ... Kaief Browder was sent to prison for stealing a backpack. This chick will likely get a slap on the damn wrist and a fine for stealing billions. Lesson here, if your going to commit crime 1) be White and 2) go BIG.