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by subtypefiddler
2059 days ago
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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. |
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"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%"