News > Venture Capital

Breaking gender barriers in startups

By NexChange
Venture Capital

In the Fortune list of 80 start-ups worth $1 billion or more (dubbed unicorns) published last January, only four had female CEOs. But, perhaps barriers in the tech world are being broken down.

“The success of prominent female leaders such as Facebook‘s Sheryl Sandberg and Yahoo‘s Marissa Mayer are bringing more attention to women in the tech sphere…An accomplished number of female founders have launched businesses ranging from fashion and ecommerce to careers and social networks,[and] these movers and shakers are changing the face of tech,” blogs Richard Santoro, an entrepreneur and consultant.

On the other hand, he writes, “anyone working in the startup world knows intuitively that women are still not well represented in technical or founder roles — and that quantifying the issue is difficult because data is so scarce.”

So, “why aren’t more Unicorns led by women?” he asks. Answer, anyone?

Photo: Daniel Oines

Subscribe to our Newsletter

Be one of the first to experience the future of financial services