News + Resources
Why Women-Owned Startups Are a Better Bet
The consulting firm BCG released an extensive study which showed that "startups founded and cofounded by women are significantly better financial investments. For every dollar of funding, these startups generated 78 cents, while male-founded startups generated less than half that - just 31 cents."
10 Stats That Build the Case for Investing in Women-Led Startups
"All the data shows that women-led startups, on average, have better ROI.... Due to the paltry amount of investments going to women-led startups, investors now have an enormous market opportunity to invest in many of the most innovative ventures, which just happen to be led by women".
How Women Angels Are Good for Innovation and The Economy
"The under-investment of women-led companies is an opportunity for savvy investors, be they male or female. It means that their valuations are lower and they are priced for a better return on investment." "Great companies with a unique product... go unfunded because the product was for women. Male investors...just didn't understand these opportunities." As a result, "women see market opportunities that men pass by."
Goldman Sachs Pledges $500 Million for Female Founders
Sophisticated investors are increasingly recognizing that female-founded businesses are worthwhile investments. Goldman is one of many who have recently started dedicated funds to invest in women-led businesses. These funds are generally targeted to companies who have grown past the angel stage and provide increased opportunities for angel investors.
Funding for Female Founders Stalled at 2.2% of VC Dollars in 2018
The vast majority of growth funding continues to go to men, with 98% of venture capital funding in 2018. This article attributes this inequality to "implicit and explicit bias among investors, a lack of women making investment decisions, prejudice against women's less bombastic style of pitching to investors, and more." At Citrine Angels, we want to change this.
One angel's solution for getting women VC dollars? Engage more women investors
Citrine Angels is creating a supportive environment for women who are new to angel investing and providing services to investors who do not have the time or inclination to source investments themselves.