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by subtypefiddler 2059 days ago
The article reads "On top of the female-founded startups finding it difficult to raise any money at all, the 6% of startups that did, only received 1.3% of the funding.".

I understand it as 6% of female-founded startups managed to raise money and they received 1.3% of total founding, rather than 6% of startups were all-female.

1 comments

Yeah it's a terrible article. I mapped the few sentences there were to the pie chart at the top...

"all men 93%" = "All male teams made up 83% of the startups but they raised 93% of total funding".

"all women 1%" = "On top of the female-founded startups finding it difficult to raise any money at all, the 6% of startups that did, only received 1.3% of the funding"

"mixed 6%" = the remainder, which maps nicely to 5.7% rounded.

The linked report doesn't even conform to the posted article lol: https://my.visme.co/view/01070kx3-unconventional-ventures-no...

In the report:

"all men = 85.00%"

"all women = 6.35%"

"mix = 8.66%"