[pmiller2]

Assuming that women are just as good at founding companies as men, I don't see how funding women at higher rates should produce higher than normal returns. Higher returns would imply that VCs are able to tell the best female-lead companies apart from the rest (and apart from the more marginal male-lead companies). It's not clear to me that many, if any of them can do that, given the number of successful companies that have been passed on by multiple VCs before finding their first investment.