It's pretty telling from the replies to this post that people just want to find any excuse they can to pretend the VC boys club doesn't exist. There are obviou

It's pretty telling from the replies to this post that people just want to find any excuse they can to pretend the VC boys club doesn't exist. There are obviously some confounding factors, particularly if the batch of idea-only founders includes a large number of people with previous success in VC-backed startups or FAANG companies. The best analysis would be to divide up the group into cohorts and compare against expected populations for the groups. (ie, if only 17% of people with FAANG experience are women, I would expect to see >= 17% of FAANG founders who got in on idea-only to be female). Somehow, I doubt that's the case. Or they'll use the really weaselly language of % of teams with a woman on them, which is what I've seen from most of the big VC firms up to this point.