Badass millennial women are supercharging startup investments
Patricia Nakache Contributor Patricia Nakache is a general partner at Trinity Ventures. More posts by this contributor The next frontier in real estate technology Defensible strategies for food tech entrepreneurs facing the Amazon juggernaut
Across the political, social and economic stage, women’s issues are finally receiving heightened attention and priority.
There are more women than ever seeking political office; funding for female-founded startups is reaching record levels (even if they still have a long way to go to reach gender parity); a sizable cohort of female-founded and led companies have achieved billion-dollar unicorn valuations; and several women-led companies, including PagerDuty, The RealReal, and Eventbrite, have entered the public markets with successful IPOs.
What’s driving so much positive change?
Clearly, broadened awareness of gender and power issues, largely due to #MeToo, as well as an increase in the number of female investors, thanks to groups like All Raise, are all contributing catalysts. In addition, women now outnumber men in college, a majority of American moms are in the workforce, and in 40 percent of households those women are the breadwinners. But it’s more than that; I believe that there’s a profound generational shift afloat, and that this first wave of female-led unicorns is just
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