Women In Tech : There is Hope says Vivak Wadhwa

I loved this article from Vivak Wadhwa, from Stanford University about (the lack of) women in technology.  He was saying that Sillicon Valley seemed to him a meritocracy, as a lot  of nationalities where represented, but then his wife make him see the missing element…women!  You can argue that for a real diversity, we should also look for the representation of other minorities,  but women are not minority,  we are basically half of the population!  Thinking again on the article, more than Vivak, I love his wife :-))

Now the good news of his investigation:

This raised the question: are women less competent as entrepreneurs than men are? Are they not cut out for the rough-and-tumble world of entrepreneurship? The answer turned out to be none of this. An analysis performed by the Kauffman Foundation showed that women are more capital-efficient than men. Babson’s Global Entrepreneurship Monitor found that women-led high-tech startups have lower failure rates than those led by men. Other research has shown that venture-backed companies run by women have annual revenues 12 percent higher than those by men and that organizations that are the most inclusive of women in top management positions achieve a 35% higher return on equity and 34% higher total return to shareholders.

So men, find yourself a woman partner for your next business, you’ll have a competitive advantage from the start 😉

 

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