Companion piece to @mariaaspan on female founder takedowns - VCs Need To Change The Female Founder Double Standard: “I don't necessarily think we're being too harsh on women founders and CEOs. I think we're being too lenient on male CEOs." @emilykramer https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/
'Are female startup founders held to impossibly high standards—or are their male counterparts just generally more able to get away with bad behavior? Yes and yes, according to their employees. They lay much of the blame for that fact with VCs' @mariaaspan https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/
'The power to uphold or shatter the gendered double standard for female founders lies with venture-capital investors, especially those who sit on private startups' boards of directors' @mariaaspan @fortunemagazine https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/ #FundFemaleFounders #ProjectIndiscriminate
“I would like to see some consequences for male founders, and a large part of it goes to investors." @erikashimizu @mariaaspan @fortunemagazine https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/ #FundFemaleFounders #FundFemaleFoundedFunds #ProjectIndiscriminate #ChangeTheRatio
'VC community is also overwhelmingly male, and overwhelmingly reluctant to invest in women and underrepresented groups in the first place: 88% VC partners were men @allraise + only 2.6% of all venture capital in 2019 went to women-only teams' @mariaaspan https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/
'The numbers are even more dismal for Black and Latinx women, who received less than 0.7% of all VC invested in 2018 and 2019, according to a new report from @digundiv’s #ProjectDiane' @mariaaspan @fortunemagazine https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/ #ProjectIndiscriminate #FundFemaleFounders
“Startup boards generally start from a place of wanting to preserve the founder's role in the company—but this doesn't seem to be happening in the case of female founders." @CEONYC @mariaaspan @fortunemagazine https://fortune.com/2020/12/03/startup-female-founder-ceo-double-standard-venture-capital/ #FundFemaleFounders #ProjectIndiscriminate