This may be the best venture capital story you'll hear all year.
Imagine the next time you got a great business idea launched, you felt confident you could raise money to scale it.
That's the world that 34 women investors, who represent several billion in investable capital, are calling into reality. Together, they just launched an organization called AllRaise. It's a nonprofit dedicated to normalizing what it looks like to raise money, especially for women.
In the last few years, the percentages of women funders and women founders has barely moved.
Research such as Morningstar's 2018 Fund Managers By Gender Report shows that women investors perform slightly better on average than male investors. Even so, the number of women investment decision makers is moving backwards. Morningstar's report reveals male fund managers captured nearly all new fund management roles in the U.S. in recent months. Meanwhile, the number of women starting tech companies is blossoming, but the number getting funded is flat.
www.inc.com
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