We all know the numbers … as of 2017, women receive 4.94% of venture funding and make up 5-8% of VC firm partners. Yet, we also know that research shows that companies with at least woman on the board or in management tend to outperform all-male companies. It’s not news that the business and funding culture in Silicon Valley is toxic to women. Recent news articles in the New York Times and elsewhere are just telling the world what we already know is true.
So how can we change this?
When the news reports started coming out, and coming out, and coming out earlier this summer, I fumed that “Someone should DO something about this!”.
Then I decided that I should do something about this.
As a result, I’m pulling together a group of female venture capitalists, female entrepreneurs and thought leaders in this field to capture their expertise and ideas as a book. It’s a compilation of essays, thoughts, stories and practical guidance on how female founders can win now – even though the game is rigged.
We all know we need to make structural changes to even the playing field. But that takes time. Right now, there are women starting up great companies and developing technology This book is intended to give them practical and tactical advice they can use NOW to make sure their companies are successful. It’s intended to change the tide so that we can all have access to the smartest minds to solve our biggest challenges.
Please vote for the SXSW Panel
As part of this book project, which we plan to launch at South by Southwest, we have proposed a panel of a few of our contributors to discuss this issue at the conference. This is where I need your help.
Part of the decision on who gets to present at SXSW is public support, so I need your vote (before August 25)! If you don’t already have a SXSW account, you’ll need to create one to cast your vote but I promise it’s really simple.
If you are new to SXSW, it’s a massive gathering from every March in Austin for about ten days of the technology, music and film world. This year they will have 24 tracks of programming this year of “what’s next in the worlds of entertainment, culture, and technology.”
Our panel will feature the following awesome lineup:
- Kate Purmal, former CEO and COO, serial entrepreneur, seed investor, strategy consultant, advisor and business coach
- Karen Routt, CEO and Cofounder, Magnolia Prime and female founder
- Mukund Mohan, serial entrepreneur, seed investor, VC, advisor and former director of Microsoft Accelerator
The book, and the SXSW panel, is intended to be a resource and an inspiration for female founders — and for those who wish to change the tide. It is intended to amplify the voices of female VCs and successful female entrepreneurs. It is intended to shine a light so that more women can see what is possible.
Together we are an unstoppable force. Please vote for our panel, How Female Founders Can Win at a Rigged Game at SXSW 2018. Thanks in advance and see you at SXSW!
Until next time,
Jenn LeBlanc Bio
Jenn LeBlanc, CEO & Founder of ThinkResults Marketing, works with tech CEOs and CMOs to drive results. Whether it is a 350% increase in web traffic, a 1400% increase in online leads, or a 400% increase in conversion rates, Jenn and the ThinkResults team deliver results.