It sucks, but women entrepreneurs have a harder time getting equity financing than men. But, women have powerful tools for helping other women start and grow high-impact companies. They have their own expertise, influence, and money.
Sure, this is a feminist issue, but it’s also an economic one. If women entrepreneurs were funded to the same degree as their male counterparts, 6 million jobs would be created in 5 years, according to Babson College.
“Unfortunately, gender bias — as well as racial bias and other forms — are still prevalent,” said Freada Kapor Klein, partner, Kapor Capital and Pipeline Fellowship mentor. “Most biases are unintended and therefore sometimes harder to address. But investors or entrepreneurs or managers who want to mitigate their biases can take steps to do so.”
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