To Bootstrap or Not to Bootstrap?

To bootstrap or not to bootstrap?  It is the difference between slowly gaining ground in growing a business versus giving up equity and rapidly growing by going after VC funds.

Cindy Padnos (pictured) is the founder and Managing Partner of Illuminate Ventures.

Padnos cites a statistic that women made up just 7 percent of partners in the tech sector among the 100 most active venture capital firms from 2009-2011. A white paper she published shows that women-operated, venture-backed high-tech companies average 12 percent higher annual revenues, using an average one-third less capital than male counterparts.

Read the entire article:  To pitch or not to pitch:  Silicon Valley women founders weight venture capital versus bootstrapping

Photo courtesy:  Steve Wilhelm

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.