That chart and fortune article make a pretty convincing case for the underfunding of female founders. This does mean that the marketplace has provided an opportunity to invest in female founders and achieve significant profits.
-
-
Replying to @JamesonHalpern @birsic
They kinda... don't! Unless you assume that female founders are, as a group, statistically identical to male founders in e.g. the industries they're tackling (ex: tech vs. consumer goods). This is a *really* complicated question that's very difficult to discuss critically
2 replies 0 retweets 1 like -
Replying to @webdevMason @birsic
Okay, sure women founders may start relatively more consumer companies and fewer high tech and biotech companies. An those consumer companies may require much less capital. But as the article states, its not just transaction size, but total # transactions as well.
1 reply 0 retweets 1 like -
Replying to @JamesonHalpern @birsic
You would expect transaction size & # of transactions to trend together in this context. VCs care a lot more about the returns they can expect in a range of plausible best-case scenarios than anything else. There's a lot of overhead. Within reason, larger deals are preferable.
1 reply 0 retweets 1 like -
Replying to @webdevMason @JamesonHalpern
There’s a lot of overhead in what?
1 reply 0 retweets 0 likes -
Since you decided not to respond, allow me to opine that VC is hands down one of the least overhead heavy industries in existence. I spent 5 years at a quality firm in VC, and switching industries, to quote a favorite film, ‘tis but the work of a moment.
2 replies 0 retweets 1 like -
Replying to @birsic @JamesonHalpern
Sorry, didn't see this — overhead is in labor. Maybe it's all a sham and these people aren't worth the enviable salaries they could get elsewhere, but I don't know of a single firm hiring folks who aren't competitive at a national, if not global, level
2 replies 0 retweets 1 like -
Replying to @webdevMason @JamesonHalpern
I don’t understand how that relates to overhead to pursue different opportunities and markets. The best people should be MORE capable of pursuing any opportunity ahead of them, yes?
1 reply 0 retweets 0 likes -
Replying to @birsic @JamesonHalpern
I'm talking about firms, and their ability to hire
2 replies 0 retweets 1 like -
Replying to @webdevMason @JamesonHalpern
How is ability to hire overhead? How does that impact their ability to service female or URM founders?
1 reply 0 retweets 0 likes
I don't know if VCs should be hiring people to "service" female founders *over* other founders, for example? It's broadly difficult to hire talent that can do a really solid critical eval of a founder team, their product, and the market, which is what a junior partner is doing
-
-
Replying to @webdevMason @JamesonHalpern
I do believe we are now having a different conversation. If I can poorly paraphrase, I understood your argument to be 1) women may not represent in industries VCs like 2) it’s labor / overhead intensive to extend beyond classic industries No?
1 reply 0 retweets 2 likes -
Replying to @birsic @JamesonHalpern
Sort of? Industry is one axis, but I dunno; it's a hypothetical. My point is that I wouldn't be surprised if there are correlates re: gender, age, location, etc. that reveal weaknesses in the VC model rather than systemic bias, and perhaps the solution is more funding models?
2 replies 0 retweets 3 likes - 10 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.