Women in VC
Emailed on March 6th 2020 in The Friday Forward
A record number of female-founded startups raised venture capital in 2019, representing more than a 500% increase from 2010, based on new data from PitchBook and All Raise. Median valuations also hit all-time highs.
But: Not all the new numbers were positive, particularly when it came to actual money raised. Only 16% of all venture investment dollars invested in 2019 went to startups with at least one female founder, down from 18% in 2018. So far in 2020, the figure is just 13%.
As Axios puts it, "Venture capital should briefly celebrate its progress, and then get back to work doing much, much better."