In terms of numbers, the industry is still very much a boys’ club. As female representation in venture capital continues to lag in North America, more action is required to increase their representation.While most studies show that steps have been taken to close the gender gap in investment firms, much more work remains to be done. Following are a few points to keep in mind in our quest for gender diversity, based on data from recent research and feedback from industry professionals.
“I was recently approached by a US-based female entrepreneur. We got along well during the pitch, and at the end of the conversation, she shared that I was the first female she had ever pitched to. It’s a problem.”These occurrences are not a coincidence, but a pattern, a symptom of a structural issue in the industry that must be addressed before it propagates.
only 36 percent of venture analysts, 13 percent of partners, and 9 percent of managing partners in all of North America.As investors, it is our responsibility to support and encourage more women. Funds managed by limited partners , and while there is talk of change, more needs to be done to prepare women to be successful partners.that firms with a broader range of networks and experiences often make more successful investments owing to better deal flow.
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