It Pays to Let a Girl into the Boys' Club
Seed-stage venture firm First Round Capital celebrated its ten-year anniversary by analyzing the performance of all the companies they’ve funded in that time. Their number one finding? Female founders outperform their male peers.
And it wasn’t even close. Companies with at least one female founder performed a full 63 percent better than companies with all-male teams. Keep in mind: that result is coming from a data set of over 300 companies that includes well-known startups like Warby Parker, Blue Apron, and Birchbox.
Ladies, file this one away and save it for the next time a man asks you why he should pay attention to women’s leadership. Our suggested answer? “Because you’ll make more money with our help.”
About the Author
Julianne Helinek is Take The Lead's blog editor and writer of the newsletter Take The Lead This Week. She thinks the women she knows are too talented not to be running the world, and she’s especially interested in bringing more men into the gender equality conversation. Julianne is an MBA student at NYU’s Stern School of Business. For more on feminism in the business school world, follow her on Twitter at @thefeministmba.