Women are now the majority owners of 38% of US businesses.
Yet these firms employ only 8% of the nation’s private sector workforce, generate 4% of the nation’s business revenues, and access 2.4% of VC funding. Venture capitalists invested $58.2 billion in companies with all-male founders in 2016. Meanwhile, women received just $1.46 billion in VC money last year, according to data from M&A, private equity, and venture capital database PitchBook.
Come see CabinetM co-founder Sheryl Shultz discuss “Gender Equity in our Entrepreneurial Ecosystem” June 23 in Portland, Maine as she discusses the issue with women leaders in the tech world.