Distribution of wealth
: 96% of equity value is held by the top 20% wealthiest equity holders. Of the wealthiest owners, only 9% are women.: Women own just 11% of founder and employee equity, and hold 26 cents in equity for every dollar men own.When you compare equity data to overall income data, the disparity is more pronounced. In the United States,Of the 20% wealthiest equity holders, less than 1 in 10 are women.
This is what we mean by the equity gap. It’s not just that there are fewer women—it’s that they’re in roles that get less equity on average.equity on average.Women employees make up 34% of employees in our study, but hold only 20% of employee equity wealth.Representation versus equity for employeeswomen’s representation on founding teams is increasing
, still very few individuals on cap tables are women founders. When you combine founders and employees, women founders represent less than 1% of all individuals on Carta cap tables. And women founders hold less than 5% of the overall equity. While men founders make up 5% of all founders and employees, they hold over 64% of the total equity value .
When you break this down for just founders, women founders represent 13% of all founders, and they hold 7% of founder equity value. This means that women founders own just 48 cents on the dollar in equity for every dollar men founders own.When we combine founder and employee data, the overall equity gap measured by cents on the dollar is lower than both the founder equity gap and employee equity gap.
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