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Technology Revolution: The Future of Now

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

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9108 Ratings

🗓️ 2 August 2017

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: "It's actually women who are creating and leading some of the most established and promising companies overall" (@DrewAHendricks). Female entrepreneurs' accusations of sexual harassment from male VCs and others, are symptoms of entrepreneur ecosystem gender bias. Female startup founders received $1.46B in VC funding (2016) vs $58.2B to males. Does Silicon Valley mirror global tech-intensive industries? How to access power and capital for all? The experts speak. Adam Quinton, Lucas Point Ventures: "[In politics] If you want anything said, ask a man; if you want anything done, ask a woman" (Margaret Thatcher). Sharon Vosmek, Astia: "Prejudice is a burden that confuses the past, threatens the future and renders the present inaccessible (Dr Maya Angelou). Dr. Patti Fletcher, SAP Successfactors: "There is no female mind. The brain is not an organ of sex. As well speak of a female liver" (Charlotte Perkins Gilman). Join us for Don't Start with Me: Funding Female-Founded Startups.

Transcript

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0:00.0

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

0:13.4

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

0:17.4

The best run business is run SAP.

0:20.0

Your host and moderator is Bonnie D. Graham.

0:22.4

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.

0:30.2

Now, here's Bonnie D. Graham.

0:32.4

Welcome, welcome, welcome.

0:33.9

If you want to run with the game changers, you are in the right place.

0:37.4

What a topic we have for you today. We haven't broached this at all on Game Changers on any of our series, but we're going to dip our toe into that.

0:45.9

I won't say Shark Infested Pool, but maybe I should. Let me read The Buzz. The Buzz on the Street is from a writer named Drew A. Hendricks. I found him and that was his handle.

0:55.5

And he says, it's actually women who are creating and leading some of the most established and

1:01.5

promising companies overall. A couple of key words in there, kids. How about creating? How about leading?

1:09.3

How about companies overall? and of course the main

1:12.7

key word is women.

1:13.8

So let's talk.

1:15.1

I think you know where I'm going with this.

1:16.8

Recent headlines report an increase in accusations by female entrepreneurs of sexual

1:22.8

harassment by male VCs, venture capitalists, and other business leaders from whom they have sought funding,

1:30.8

mostly coming out of Silicon Valley. Come on, you've all seen the news. These accounts are alarming

1:35.7

on many different levels. Perhaps of greater concern, greatest concern, is that they seem to be

1:41.3

symptoms of widespread gender bias in the entrepreneur ecosystem.

1:46.5

And that's a very big claim and a very big concern.

...

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