Venture Capital Still Largely Leaves Out Women-led Companies

KQED's Forum

KQED

News Commentary, News, Politics

4.2 • 727 Ratings

🗓️ 15 August 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Women start roughly two out of five businesses in America, but have mostly been shut out of the venture capital ecosphere. Companies funded solely by women snapped up just 2.1 percent of venture capital funding in the United States in 2022. According to research firm Pitchbook, the percentage hasn’t budged much in the past 15 years despite women creating more startups, incubators and venture funds. Women founders say there are still major disparities in how venture capitalists evaluate companies based on gender. We’ll talk about what this trend means for entrepreneurs and the economy. Guests: Lata Setty, first founding limited partner and limited partner advisory committee, How Women Invest Catherine Berman, Co-Founder & CEO, CNote, a fintech company that helps corporations and foundations invest capital into underserved communities at scale Jeremy Owens, technology editor and San Francisco bureau chief, MarketWatch Maura O'Neill, distinguished teaching fellow, entrepreneurship and innovation, Haas School of Business, University Of California, Berkeley, founder, The Decade Project, an organization dedicated to making business ownership reflect the race, gender and ethnicity of the United States Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Support for Key QBD Podcasts comes from San Francisco International Airport. At SFO, you can shop,
0:06.7	dine, and unwind before your flight. Go ahead, treat yourself. Learn more about SFO restaurants and
0:12.7	shops at flysfo.com. Switch to Comcast Business Mobile and save hundreds a year in your
0:19.0	wireless bill. Comcast Business, powering possibilities. Restrictions apply. Comcast Business Internet required. Compar Business Mobile and save hundreds a year in your wireless bill. Comcast Business, powering possibilities.
0:22.4	Restrictions apply.
0:23.1	Comcast Business Internet required.
0:24.5	Comparates two unlimited intro lines and lowest price 5D plans of top three carriers.
0:27.4	Tax on fees extra, reduce speeds after 30 gigabytes of usage.
0:29.8	Data thresholds may vary.
0:32.1	From KQED in San Francisco, I'm Priya David Clemens, in for Alexis Madrigal.
0:51.0	Women start roughly two out of five businesses in America, but have been mostly shut
0:55.7	out of the venture capital ecosphere. Companies founded solely by women secured just 2.1% of
1:02.0	venture capital funding in the United States last year. According to research firm Pitchbook,
1:07.0	the percentage hasn't budged much in the past 15 years, despite women creating more
1:12.4	startups, incubators, and venture funds. Women founders say there are still major disparities
1:18.1	in how venture capitalists evaluate companies based on gender. We'll talk about what this trend
1:23.8	means for entrepreneurs and our economy. That's all coming up next right after this news.
1:36.2	Welcome to Forum. I'm Priya David Clemens in for Alexis Madrigal. Silicon Valley is full of
1:42.6	tales of brilliant company founders, the ones who turned a
1:46.2	simple idea into a booming enterprise with hard work, dedication, and of course, money. Most of these
1:53.4	stories are about men. Venture Capital is credited as the spark that turned Silicon Valley into a
1:59.1	powerhouse of innovation, wealth, and economic
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from KQED, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of KQED and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.