Re:Billions flood the Nordics but female founders just recei...
by ephextom on Friday October 23, 2020 @06:07AM
(#24867781)
> "very well paid prestigious industry"
The risk-adjusted expected return for being a startup founder doesn't seem high.
Or rather, it's a bimodal distribution, with a tiny number of incredibly rich (and also widely despised) people at one end, and the vast majority at the other end, making effectively nothing.
It's not surprising that fewer women would take those odds.
That said, two of Australia's leading startup founders are women, one of whom IPO'd her company today. (Incidentally, she never raised VC.)
This is a great thing that should be celebrated.
I can accept that there are things about the startup/VC world that make it more hostile for women. But the skew of VC funding isn't the smoking gun.
The risk-adjusted expected return for being a startup founder doesn't seem high.
Or rather, it's a bimodal distribution, with a tiny number of incredibly rich (and also widely despised) people at one end, and the vast majority at the other end, making effectively nothing.
It's not surprising that fewer women would take those odds.
That said, two of Australia's leading startup founders are women, one of whom IPO'd her company today. (Incidentally, she never raised VC.)
This is a great thing that should be celebrated.
I can accept that there are things about the startup/VC world that make it more hostile for women. But the skew of VC funding isn't the smoking gun.