Saturday, August 28, 2010

Women Step It Up in Hi-Tech Entrepreneurship

Are things getting better for women versus a decade ago, especially in the tech industry? Some think so.

A new whitepaper published by Illuminate Ventures and entitled, "High Performance Entrepreneurs: Women in High Tech - Summary," states:
... that many more women are starting companies, taking them public and providing investors with bigger returns on smaller investments.

... Growing Influence in Tech: Women-owned or led firms are the fastest growing sector of new venture creation in the U.S., growing at five times the rate of all new firms between 1997 and 2006 – now representing nearly 50% of all privately held businesses.

... Fewer Failures: Despite often being capital-constrained, women-owned businesses are more likely to survive the transition from raw start-up to established company than the average.
To receive the complete whitepaper (you must register first), go here.

Related resource: An interview with Cindy Padnos, founding Managing Director of Illuminate Ventures.

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