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Technology Revolution: The Future of Now

Don't Start with Me: Funding Female-Founded Startups - Part 2

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9108 Ratings

🗓️ 27 September 2017

⏱️ 57 minutes

🧾️ Download transcript

Summary

The buzz: "Male VCs—obviously most are—are very comfortable now giving female entrepreneurs capital for 'girl stuff'" (Vivoom). Don't be fooled. Sexual harassment and discriminatory treatment toward women are not a Silicon Valley-only problem, nor can they be undone by men's "nice" blogs. Female-founded businesses are out-performing male-started businesses 5 to 1, boosting the US economy by $1.6T. Yet only 2% of funding has gone to women startup founders. What will it take to lift these gender barriers? The experts speak. Adam Quinton, Lucas Point Ventures: "Power's not given to you. You have to take it" (Beyoncé). Victoria Pettibone, Astia: "You've got only one lift to live. You can either make it chickens**t or chicken salad (Cousins). Dr. Patti Fletcher, SAP SuccessFactors: "What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power" (Henry George). Join us for Don't Start with Me: Funding Female-Founded Startups – Part 2.

Transcript

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0:00.0

The following program is being brought to you on the Voice America Business Channel.

0:05.5

For more information about our network and to check our additional show hosts and topics of interest, please visit voiceamerica business.com.

0:13.0

The Voice America Talk Radio Network is the worldwide leader in live internet talk radio.

0:18.0

Visit voice America.com.

0:19.7

The views and ideas expressed on the following program are strictly those of the host or guests,

0:24.7

and do not necessarily reflect the views and ideas held by the Voice America Talk Radio Network,

0:29.8

its staff, and management.

0:45.3

Thank you. Welcome to the most nutritious hour of business talk all week.

0:49.2

This is Coffee Break with Game Changers, presented by SAP.

0:51.7

The best run business is Run SAP.

0:54.4

Your host and moderator is Bonnie D. Graham.

1:02.0

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

1:04.0

Now, here's Bonnie D. Graham.

1:06.1

Welcome, welcome, welcome.

1:10.7

If you want to run with the game changers, we promise you are absolutely in the right place. What is the buzz

1:11.9

today? Well, this is part two of a show we did a few weeks ago, and let me tell you, let me level set

1:18.6

here. I have a quote from a lady named Catherine Hayes. She is the co-founder and CEO of Venture

1:24.9

backed company called Vivum, V-I-V-O-O-O-M.

1:28.4

It's an ad tech startup.

1:30.4

Okay, this was an interview she did at Wharton, UPenn, for one of their articles.

1:34.6

Here's the quote, male VCs, that's venture capitalist, to those of you who don't know,

1:39.5

male VCs, and obviously most are, are very comfortable now giving female entrepreneurs capital for

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