Re:Gender works to end gender inequity and discrimination against girls and women by exposing root causes and advancing research-informed action. Working with multiple sectors and disciplines, we are shaping a world that demands fairness across difference.
A flurry of articles have been written on the “women and startups” problem. The same issues are brought up again and again, but one issue that hasn’t been given much attention and scrutiny is the significance of the fact that there are practically no female VC’s.
The fact that females are underrepresented in finance is a given, but the venture capital industry specifically is an egregious perpetrator of maintaining a well-balanced gender ratio. Let me provide you with some statistics. Only 2 females were listed on the 2011 Midas List, an annual list of the top tech investors. A quick-and-dirty analysis of the gender ratios of the most active VC firms of 2011 as well as some of the most visible VC firms out there today reveals that almost half of the firms have no female investment professionals within the firm, and the average percentage of females in these firms falls at 8%. [See here for my data.] On top of this is the fact that the most visible investors out there — the Fred Wilsons of the world — are male.