Add articles to your saved list and come back to them any time.Women business founders are struggling to access funding during the coronavirus pandemic as the lion's share of Australian venture capital investment cash continues to flow to men.of the investments made by Airtree Ventures, Blackbird Ventures, Nab Ventures, Main Sequence Ventures and Square Peg Capital shows out of a total of 65 investments up to September 2020, only eight were in businesses founded by women.
"I don't think we are long enough into the [coronavirus] crisis to see a statistically significant impact on portfolio so far. Given we only make a small number of individual investments per year, it's difficult to see trends over a limited time period," he said."However ...
Ms Meldrum closed a $1.17 million equity crowdfunding raise for Whole Kids last week after talking to various venture capital firms but finding none were the right fit. "For women looking at traditional cap raises there can be issues with being taken seriously and access to networks," she said. "For us crowd funding was a no-brainer as we have a huge and loyal customer following that have supported us.
Ms Meldrum said these women had experienced barriers as women entrepreneurs themselves and so wanted to "pay it forward" by backing her. "Coronavirus has created a greater sense of community and is fuelling all sorts of communities across the board including female networks," she said.
carawaters Give it a rest! This feminist cult of victimhood needs to stop!
carawaters Capital follows profitability. Try harder women.
carawaters Fixed the headline: “Sexism rife in venture funding”. This is not a ‘woman’s struggle’ this is a societal issue fuelled by patriarchal norms which need dismantling.
carawaters Imagine our surprise.