The Globe and Mail
A Why Women-Owned Startups Are a Better Bet is cited in an article by The Globe and Mail about the gender disparity gap in venture capital firms. In Canada, this gap is staggering; only 14% of partners at the most active venture-capital funds are women. According to the report, this gap extends beyond leadership roles and into the investment received by male and female entrepreneurs. The report finds that “companies founded by men received $2.12 million on average, more than double the average of $955,000 received by companies founded or co-founded by women.” However, women-founded companies produced 47 cents more revenue per dollar funded than their male counterparts.
