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Success Story with Scott D. Clary

Lessons - Why Women Get 2% of VC Funding | Julia Boorstin - CNBC Senior Correspondent

Success Story with Scott D. Clary

Success Story Media

Business, Education, How To, Self-improvement

4.6326 Ratings

🗓️ 26 December 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory     In this "Lessons" episode, Julia Boorstin, CNBC Senior Correspondent and author, examines why women receive only a small share of venture capital funding despite equal or higher educational attainment. She breaks down how the “broken rung” slows early career advancement, how pattern matching and unconscious bias influence investment decisions, and why female founders often receive smaller checks even when they secure funding. Julia also highlights how diversifying leadership and restructuring investment processes can reduce bias and lead to stronger, more profitable outcomes.   ➡️ Show Links https://successstorypodcast.com   YouTube: https://youtu.be/kKR7WlQZQ5c  Apple: https://podcasts.apple.com/us/podcast/julia-boorstin-cnbcs-senior-media-technology-reporter/id1484783544  Spotify: https://open.spotify.com/episode/51MMV72UDujKALoVsDiThd    ➡️ Watch the Podcast on YouTube https://www.youtube.com/c/scottdclary

Transcript

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0:00.0

In this lesson's episode, explore why gender equity in the workplace remains elusive

0:04.2

despite higher educational attainment among women. Discover how the broken rung limits early career

0:09.0

advancement, understand how pattern matching and unconscious bias shape venture capital decisions,

0:14.3

and uncover how diversified leadership and investment approaches drive stronger outcomes.

0:29.0

So where are we at in terms of equity?

0:35.6

So what is the reality for somebody going into the workforce now and then trying to move up?

0:39.0

What are the problems and the struggles that perhaps we think are gone but are still there? What do we have to deal with?

0:43.8

So what's interesting is that, you know, women actually graduated from college in higher numbers

0:49.2

than men do. Women go to more grad school than men do. I think the numbers are pretty close to equal when it comes to business school.

0:55.7

These numbers change all the time.

0:57.2

But it's not like men are getting more education than women do.

1:01.5

But there have been a lot of studies trying to figure out why women may start in jobs

1:05.7

at the same numbers as men, but don't end up at the top of companies in the same numbers as men.

1:12.2

And one of the key theories,

1:17.3

and this was something that was sort of articulated by a lean-in McKinsey study, is this idea of a broken rung. Women get promoted at the lower levels, but then there's a sort of a leap to more

1:23.0

of a management level where often women just don't get those promotions. And interestingly,

1:27.4

it doesn't

1:27.9

necessarily seem to have anything to do with performance. It can have to do with how much women

1:31.7

are pushing for promotions or maybe they are sort of inadvertently penalized for taking time off

1:38.1

from work, for, you know, for maternity leave, et cetera. So there are so many different reasons.

1:43.1

But one thing that I really

1:44.3

focus on in this book is I look at the tech industry in particular, because the tech industry

...

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