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One entrepreneur she worked with ended up raising money from the business wing of the Grosvenor family, which historically has been led by the Duke of Westminster. A lot of the time they say no. To fill that gap will require an even broader movement. All great revolutions begin with alcohol. More specifically, the success of the short pitches that entrepreneurs make to venture capitalists depends significantly on the gender and appearance of the presenters, according to the research.

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Study: Attractive men fare best in gaining venture capital

And what it is is this: Moreover, in a controlled experiment the researchers conducted, identical business-plan videos were narrated by either male or female voices; respondents chose the plans presented by males 68 percent of the time. Forget the sophisticated gatekeepers. Where do we end up? After years of working with entrepreneurs at accelerators where the goal was always to build a billion-dollar company, Saunders noticed that fewer than 20 percent of accepted participants were women. Media can only be downloaded from the desktop version of this website. With few female VCs to begin with, there simply aren't enough women with the experience, connections, and desire to raise their own funds.

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Comments

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