Skip to navigationSkip to content
Close

... and female founders. Company executives are the other type of person you’re likely to find on a corporate board, so investors’ unwillingness to lend to female founders further limits how many women get a seat at the table.

Read more on Harvard Business Review

Contributions

  • If women represent only 4% among executive-directors board members (CEOs, cofounders, management team members) board members according to this study, the number of startups with least 1 female cofounder must have been even staggeringly lower.

    What is the single most significant difference between a

    If women represent only 4% among executive-directors board members (CEOs, cofounders, management team members) board members according to this study, the number of startups with least 1 female cofounder must have been even staggeringly lower.

    What is the single most significant difference between a startup and an established company? Risk. A startup is crazily riskier, but we are much less encouraged nor trained in taking risks since we were a girl.

    Imagine a risk-taking person. It would be someone who lives for her/his dreams, desires, boldness, and madness. What would a risk-averse person do instead? Living for others' expectations and constantly under the stress of letting other people down. Sounds familiar?

    A critical underrepresentation of VC fundings backing a female-founded/cofounded startup worsens the already-bad-enough situation and jeopardize the lifetime of that startup where funding is the blood in the vessels. As an entrepreneur, I have so far raised 6 rounds of investments, and 4/6 how to dispel investors' doubts on my gender was my top-priority effort, including one time to state I had no short-future plan to get married. Also, sadly-but-true, having a male cofounder is commonly helpful.

    At present, a storm of capital deficiency is rapidly sweeping startups around the world. Almost with no doubt, this crisis would hit female-founded/cofounded startups much harder.

    However, a more significant storm is happening, and that is the fast-money-burning-who-cares-about-making-profit nonsense has come to an end. The fundamental business logic of a startup is transforming, and the battlefields are also shifting. The survivors and next-generation champions will not be internet companies, but those who can incorporate AI and internet technologies to revolutionize industries and make traditional business smart.

    The times of crisis is also times of opportunities. If we female founders can grow by taking advantage of this headwind, we would have a game-changer.