Why are Women Funded Less than Men? a crowdsourced conversation

Summary of year long project video interviewing venture capitalists, angels & women founders on the shortfall in funding for women. Check out http://www.ezebis.com/ebook to purchase ebook $2.99

Transcript

1. Why are Women Funded Less than Why are Women Funded Less than Men?:a crowdsourced conversation Pemo Theodore Pemo Theodore Online Entrepreneur & Startup Coach
2. The Unequal Landscape The Unequal Landscape
3. Women Owned Firms Women Owned Firms
4. My Story My Story • Behind every great success lies a failure
5. Issues for Women Issues for Women • Are we slow to adapt to male dominated industries? • Are we aggressive enough? li h h? • Do we listen to others too much? • Can we ask for what we want? • “Remember, Ginger Rogers did everything F d A t i did b t h did it b k d d Fred Astaire did, but she did it backwards and in high heels.” Faith Whittlesey
6. Are we risk averse? Are we risk averse? • “Someone asked me why women don't gamble as much as men do, and I gave the , g commonsensical reply that we don't have as much money That was a true and incomplete much money. That was a true and incomplete answer. In fact, women's total instinct for gambling is satisfied by marriage ” Gloria gambling is satisfied by marriage.” Gloria Steinhem
7. Pros & Cons Pros & Cons i d f h • Trained to care for others • Only sex that can have babies & breastfeed • Great to work for because we care • Can subvert ego Can subvert ego • Everything conspires to leave us feeling insecure “I ill f l lit h i d h l t • “I will feel equality has arrived when we can elect to office women who are as incompetent as some of the men who are already there ” Maureen of the men who are already there. Maureen Reagan
8. Self Awareness Self Awareness • Cost or Benefit? • Women look within, whilst men look without Women look within, whilst men look without & energized when rejected h lf l i d i • Too much self analysis can undermine • “When I wake up in the morning, I feel just like p g, f j any other insecure 24‐year‐old girl. Then I say, ‘Bitch you’re Lady Gaga you get up and walk Bitch, you re Lady Gaga, you get up and walk the walk today.‘” Lady Gaga
9. Testosterone Testosterone • Builds up bone & muscle mass • Possibly builds psychological thick skin? Possibly builds psychological thick skin?
10. Estrogen Estrogen • Supports female body for fertility & caring for babies • May also support feminine intuition & sensitivity? sensitivity?
11. Should we Play like the Boys? Should we Play like the Boys? • If we play someone else’s game how can we be authentic?
12. Asking for Money Asking for Money • Do we think too small? • Are we afraid of money? Are we afraid of money? • If others depend on us does it increase our d i & bi i f ? drive & ambition for money?
13. Work/Life Balance Work/Life Balance • Working 24x7 leaves no room for personal life • Can women change startup culture to incorporate g p p more work/life balance? • Women need to pull each other up • Women need to pull each other up • “Some women choose to follow men, and some women choose to follow their dreams. If you’re wondering which way to go, remember that your career will never wake up and tell you that it doesn’t love you anymore.” Lady Gaga y y y g
14. Sexual Tension Sexual Tension • How do investors & women deal with sexual tension & chemistry? y • How can female entrepreneurs balance their desires to be attractive with being powerful in desires to be attractive with being powerful in their startup & the world?
16. Sexual Chemistry Sexual Chemistry • Chemistry is the basis for any creative project between people & does not need to be p p ignored, acted upon or literalised • Sexual chemistry comes from our passion & • Sexual chemistry comes from our passion & can be channeled into the startup!
17. Solutions Solutions • Like Homeopathy the solutions lie within the problems p
18. Why Invest in Women? Why Invest in Women?
19. Conclusion Conclusion • “Women bring a holistic sensibility to business that business sorely needs!” Randy Komisar y y