Women make up 46.9% of the U.S. workforce, but 40% of of large public companies worldwide have no women on their board of directors. It’s not surprising that women are starting their own businesses at 1.5 times the national average.
According to a new infographic from UNC Kenan-Flagler Business School (shown below), 187 million women are currently starting or running their own businesses. Unfortunately, only 3-5% of women-owned businesses receive venture capital (95% goes to male-owned businesses), and only 10% of venture-funded startups are women-owned.
In fact, female entrepreneurs start with about one-eighth the funding of male-owned ventures. That’s despite the fact that women-owned, venture-backed companies have 12% higher revenues. Similarly, companies with more equalized gender distribution at upper levels experienced 30% higher results from IPOs.
You can see all of the details in the infographic below.
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