Raising Finance

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Number of female venture capitalists shrinking

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Some of the findings were positive. For example, 15 per cent of US companies receiving venture capital had a woman on the executive team.

However, only six per cents of partners in venture-capital firms around the world were women, compared to ten per cent in 1999.

Women were twice as likely to back a firm with a female executive as not.

The report says investors in VC firms should put pressure on them to invest in more start-ups with executive-level women.

Given the problems women face in high-power positions in business generally, and that of VCs who increasingly control the purse strings of high growth firms, VC firms need to wizen up to the public demand for representative female VCs and executives.

Concerned with issues in gender diversity? Don’t miss Real Business’s First Women programme:

Drawing on ten years of the First Women movement and the phenomenal network of pioneering women the Awards has created, this programme features The First Women Awards and The First Women Summit – designed to educate, mentor and inspire women in all levels of business.

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