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I'd want to know the gender and race of the recipient VCs as well. Did female or Asian VCs have the same response profile as male or white VCs? Apparently, bot
by 11thEarlOfMar 6y ago
I'd want to know the gender and race of the recipient VCs as well. Did female or Asian VCs have the same response profile as male or white VCs?
Apparently, both female and male investors had a slight bias towards female entrepreneurs, pg. 31:
"Both VCs and angels are more likely to respond to female entrepreneurs, although the difference is statistically significant only for angels (70% of our sample). Some angels in our sample are less experienced, as gauged by the number of investments they are recorded to have made. These less experienced angels have a statistically significant 13% higher interested reply rate to our female entrepreneurs, while the more experienced angels have an 8% higher reply rate and VCs have a 7% higher rate."
It seems a positive outcome, however, I'd like to go one 'why' deeper. Why did the female investors prefer female entrepreneurs (see fig. 2, pg. 29)? Were their reasons different than the male investors' reasons?
Also, why would less experienced investors be more likely to prefer female entrepreneurs than more experienced investors?