, a biennial research study that tracks investment in companies founded by Black and Latinx women. Its latest report, released this month, showed some progress for these communities. But not enough.
"Our mission is to create a world where all women own their work, where women have wealth," Lauren Maillian, the CEO of Digital Undivided, said. "It is only through our jobs, our careers, and our work, that is the path to wealth creation. Not just for women, for all people, but women of color get left behind that."
"I haven't been given the permission or privilege to lose a billion every quarter," Hyman said on CNBC, shortly after profitless Uber went public and cash-burning WeWork filed its now rescinded S-1. "When you raise capital, if you're running something big, it will require more money, and that person who initially funded you will go back to their fund to lead the next round," Wainwright says. "And they have to have enough capacity to keep funding you so you're not left in the cold. . . . You need people with billions behind you."for women who can support female founders, rally behind them, and push through their success.
"What they are is they're determined. They have a goal and they have a big vision and they don't give up, and they did it. They didn't think about everything that would possibly go wrong. They thought,Women starting businesses is great for the economyGender equality in business isn't only a moral imperative. When it's achieved, it improves a company's bottom line and boosts the global economy.Companies also perform better when more women are in power.