women and venture capital at ForbesWoman
Must read for entrepreneurs from ForbesWoman The VC Word: Women and Venture Capital.
I'm raising venture capital, and I'm a woman: This makes me an anomaly. According to a recent study by research firm CB Insights, 8% of venture capital-backed firms were led by women in the first half of 2010. This is an improvement--it was just 4% in 2000.
Eight percent is huge, ladies! Although women start 40% of all businesses, they receive only 2.3% of all venture capital (Women Don't Ask). Is it any surprise that the 96% of venture capitalists who are male award 97.7 percent of all venture capital to other men?
No one gives away economic or political power. You/we must simply go get it.
So get on over to ForbesWoman today to see how the number of women venture capitalists has doubled in just a few short years and learn how you can find the equity capital you need to grow your business.
Then ask yourself this question:
How can I double my business this year?
Don't be shy about asking and don't ask for too little.
Your future and the future of your daughters and grand-daughters depend upon it.