Astia CEO Sharon Vosmek: ‘Less than 5pc of venture capital goes to women’

https://www.siliconrepublic.com/start-ups/2015/06/22/sharon-vosmek-less-than-5pc-of-venture-capital-goes-to-women

by John Kennedy | June 22, 2015 | Siliconrepublic

Sharon Vosmek: ‘Less than 5pc of venture capital goes to women’

Men and women still operate in separate business networks and as a result women will continue to get a smaller share of venture capital, Astia CEO Sharon Vosmek told Inspirefest 2015. She said less than 5pc of funding in Silicon Valley goes to female founders.

“As you watch women-led companies grow, those businesses that have inclusive teams will generate higher revenues,” Vosmek said.

“We as investors are seeking out the next innovation and this requires the best team performance. We look for group intelligence where team performance leads to innovation.”

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