TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Women founders get less funding than men but make double the revenue

Tuesday, August 7, 2018 by Piyush Suthar | Comments

Home News Tech Women founders get less funding than men but make double the revenue

As a woman, sexism isn’t new to me. I’ve encountered many casual sexist jokes and witnessed the infamous gender pay gap that looms over our heads. But, what’s new to me is that sexism even exists in the progressive world of entrepreneurship. A recent study by Boston Consulting Group (BCG) and Mass Challenger, a network of startup accelerators, found that when women applied for investment, they received less funding compared to the average male founder, but made double the revenue. The study examined 350 companies over five years, and it revealed the average female-founded startup received $935,000 in funding. That’s less…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Yet another massive Facebook fail: Quiz app leaked data on ~120M users for years
    Google Pixel 3 Official Launch Event Set For October 9
    Honor 9N India launch: When, where and how to watch the unveiling live
    Facebook Removes Alex Jones’ Pages For Violating Hate Speech Policy


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact