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Lokvani Team
07/26/2017

As if sexual harassment, alleged hiring droughts, and misogyny weren't enough, the venture-capital industry has another way to make life hard for women: It doesn't fund them.

Just 3% of venture capital funding was raised by female CEOs, or $1.5 billion out of $50.8 billion, according to a new study, conducted by researchers at Babson and Wellesley colleges of nearly 7,000 companies from 2011 to 2013.

To add insult to penury, even the presence of a woman on an executive team correlated to lower funding levels. The researchers found that teams comprised entirely of men were four times more likely to get VC funding than those that had even one woman on their executive team.

http://money.cnn.com/2017/07/26/technology/business/gender-vc-funding/index.html



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