Female Founders: Trading One Broken Rung For Another

Between 2019 to 2021 there was a 28% increase in women starting companies resulting in women making up 49% of new companies founded in 2021. On the surface this appears to be a positive trend but if you dig a little deeper this world of startups is riddled with the same power dynamics and broken rungs that stifles women in established organizations. 

Knowledge is power. In today's episode I will share data on the realities for success (and funding) for founders, surprising truths about who is starting these companies, and strategies to help you navigate a broken system. 

Whether you are thinking about starting a company, are currently building your company, or are curious about the startup world this episode is a must listen.

Show Notes:

• Growth in female founders starting companies
• Average Age of Entrepreneur
• 77% of Founders use their personal money for capital
• McKinsey & Co Women in the Workplace study
• Women earning the same or more than their husbands
• 88% of VC decision makers are men
• 1 in 5 unicorns have women in executive leadership
• Women only getting 1.9% of funding
• 75% of VC Backed Fintech companies fail
• .6% of companies take funding