The venture capital world is dominated by men—and for companies led by women, especially companies creating products FOR women, pitching to these male investors can be a demoralizing experience. Women sitting on billion-dollar ideas aren’t taken seriously simply because the people writing the checks don’t understand their experience.
Outstream Video Gizmodo spoke with three of these women about their products and their experiences pitching to investors. Janica Alvarez is the CEO of Naya Health, a company that makes a smart breast pump. Alvarez said that at a pitch event, investors recoiled when she passed around the breast pump. Alvarez and her husband initially raised $6.5 million, according to Bloomberg, but when the funding stalled, they had to turn to Kickstarter. Meanwhile, investment firms funneled over a hundred million into the now defunct Juicero.
Image: https://gizmodo.com
