Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Why There Are Hardly Any Female Founders and VCsFriday is the last day of New York Entrepreneur Week which, upon its completion, will have featured over 100 speakers from across the globe. Since it kicked off, interesting stories have been surfacing around the event. A guest post on the event's official blog by Janine de Nysschen, a business consultant and endorser of change dynamics, asks why women play a very small role in startups and venture capital. As her passion might indicate, she feels this trend is changing.

It's true. Though there are significant exceptions, we seldom hear about female CEOs launching startups and receiving boat loads of venture capital funding - heaven forbid it be from a female venture capitalist. But it's not just a startup problem, its a problem that persists in the majority of business fields; business is an industry that was only a man's game for a very long time, and women are still playing catch up. However, de Nysschen thinks there are factors about venture capital that make it less appealing to businesswomen of the world.

"The truth is that VCs invest in a stereotype, and that right now, the stereotype of high risk-tolerance, abnormal work ethic and business acumen seldom comes in the female form," says de Nysschen. She also says that a lot of VC deals are formed from existing relationships in the community, and points out that men and women tend to socialize in different circles, "especially in business," she adds.

To read the full, original article click on this link: Why There Are Hardly Any Female Founders and VCs - ReadWriteStart

Author: Chris Cameron