With only 5% of VC money going to women-founded companies and merely 7% of partners at VC funds being women, Melissa Widner, general partner at NAB Ventures, looks at the and how to close the gender gap in VC and tech communities.
The scandal involving 500 Startups, following allegations of sexual harassment, has us talking about cultural and gender issues in the tech and startup ecosystem. This discussion reminds us of some alarming numbers. Just 5% of VC money goes to women-founded companies and merely 7% of partners at VC funds – people with the authority to make investment decisions – are women.
So, what are we, the VC community, doing about it? We are signing a pledge agreeing not…
