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Sharing thoughts and experiences for making excellent business funding presentations. Finding the best ways to connect investors with business funding candidates.

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ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | Capital One Forex | Forex Bonuses | Scoop.it
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How to succeed in the 'old boys club' of venture capital

How to succeed in the 'old boys club' of venture capital | Forex Bonuses | Scoop.it

Starting a business isn't easy for anyone, but it's especially challenging for young woman in the tech sector. We caught up with online travel entrepreneurs, Ruzwana Bashir and Debbie Wosskow.

As a tech reporter, I hear from female founders in Silicon Valley and its British equivalent, “Silicon Roundabout,” that it’s an ongoing challenge to fund a business, hire talent, and gain the respect of male peers.

Also at play, they say, are the shortage of female mentors and that women do not receive the gilded invitation to network the old boys of venture capital. Just 4.2 percent of venture funding goes to women-led businesses, according to Stanford University’s Clayman Institute for Gender Research.

This topic has been debated ad nauseum for years, but it reached a fever pitch in 2010 when Silicon Valley commentator Vivek Wadwha wrote a blog post condemning the tech industry for having a “gender problem.” And yet, the numbers refuse to budge. A 2012 report by the Kauffman Foundation found that women form only 3 percent of U.S.-based tech startups and represent less than 10 percent of venture capitalists.

Still, there is some cause for optimism. A small group of female founders are already proving that their tech startups are more efficient with money and capable of generating higher revenues. These women are forming close bonds and networks, like Women 2.0 and Women who Code, and are laying the groundwork for future generations to succeed in tech.

Considering joining them? I caught up with startup founders, U.K.-based Debbie Wosskow and Silicon Valley-based Ruzwana Bashir, to share their tips for launching and building an internet business.

Meet the entrepreneurs

Wosskow and Bashir recently succeeded in raising several million dollars in startup capital for their companies, a process that Bashir describes as “really stressful for anyone.” They are also both graduates of Oxford or Cambridge (“Oxbridge”), and they each have a unique personal style and a knack for accumulating air miles.

 

To read the full article, click on the title...

 

 

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Via Marc Kneepkens
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Network with innovative marketing, public relations, promotions, sales & selling professionals. Innovate with over 230,000 innovators in the LARGEST Linkedin Group to learn & share best practices, ideas, advice & solutions. Organized by Gerald "Solutionman" Haman, Founder of SolutionPeople.com Join & network with brilliant brains from around the globe. Receive exclusive invitations to webinars,

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Marc Kneepkens's curator insight, September 16, 2013 5:18 PM

Glad to see women making it. Raising funds and creating startups is stressful and demanding.

Want to get a taste, take a look at www.Business-Funding-Insider.com

Bruno SCHNEIDER LE SAOUT's curator insight, September 17, 2013 10:18 AM

Let's crowdfund techwomen startuppers ;)

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