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Ok, so we see that only 9% of women who apply for VC get it. Then we hear about how startups run by women do so much better than those run by men. Now, suppose
by jff 16y ago
Ok, so we see that only 9% of women who apply for VC get it. Then we hear about how startups run by women do so much better than those run by men. Now, suppose the reason so few women get VC is because the male VCs are less disposed to give women money--and those who do get money are those who provided such a fantastic plan that it was a clear winner. Since this essentially makes the entrance criteria harder, you'd expect that those few enterprises which make it through are going to do extremely well... something along the lines of all those uber-startups run by women.
I'm not saying women can't make good companies, I'm just saying that the implied bias on the part of male VCs would tend to select only the very best woman-founded startups. Level the playing field, and you'll probably get the same performance as men.
- mstevens 16y agoImportant related question I don't see in the article: what percentage of men who apply for VC get it?