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> Consider that the percentage of VC deals with female-founded companies is 5.4% and yet they receive only 2.2% of VC dollars Stats like this are so useless. O
by ng12 8y ago
> Consider that the percentage of VC deals with female-founded companies is 5.4% and yet they receive only 2.2% of VC dollars
Stats like this are so useless. Obviously if males make up 95% of the pool they're more likely to have founded some of the unicorns, therefore skewing the average. If one of the 5% of females founded a unicorn I bet they'd have a greater share of VC dollars.
- jakelazaroff 8y agoThe reason that companies become unicorns is that VCs invest in them at a certain valuation. You have cause and effect reversed. If VCs are underinvesting in female-founded companies, it's entirely expected that fewer of those companies will become unicorns.
- ng12 8y agoI'm not talking about cause and effect, I'm talking about a lazy misapplication of statistics to bolster a talking point.
- jakelazaroff 8y agoHow can you separate them? Lack of female-founded unicorns is a direct consequence of underinvestment in female-founded companies.