A couple years ago a study out of the University of New Hampshire Center for Venture Research reported that 21 percent of entrepreneurs seeking angel financing were women, and only 13 percent of those received investment. When women do seek angel capital, they lag the yield rate by 5 percent.
Recent research from Babson College found that if female entrepreneurs started with the same capital as male ones, they would add six million jobs within five years. Women tend to focus on starting companies that relate to their own interests, in categories such as fashion, social media, and e-commerce. Female venture capitalist Kay Koplovitz believes that puts them at an immediate disadvantage. Koplovitz insists that women entrepreneurs have to get to the point and show the venture capitalists how the opportunity will make money.
To read more on Koplovitz’s words at SXSW, click here.