Show an ad over header. AMP

I am the FIRST

Venture capital is still a boys' club

The percentage of female decision-makers at U.S. venture capital firms continues to climb, albeit slowly, according to a new Axios analysis.

By the numbers: 243 of 1,716 decision-makers are women, or nearly 14.2%. Past marks were 12.4% (2020), 9.7% (2019), 8.9% (2018), 7% (2017), and 5.7% (2016).

  • 61% of the analyzed firms did not have any female decision-makers, which is similar to last year's figure.
  • The percentage of firms with two or more female decision-makers rose from 9.7% to 11.6%, although it's 26.6% for firms that raised $1 billion or more between 2015 and 2020.

Methodology: As in the past, we asked PitchBook for a list of all U.S.-based venture funds that had raised at least one fund of at least $100 million in the past five years (2015–2020). We then examined the current websites of those firms to determine decision-makers — rather than simply counting anyone listed as "partner."

  • For supplemental data we used SEC filings and PitchBook.
  • We excluded administrative partners, including CFOs and heads of IR and marketing.

The good news is that the percentage of female decision-makers has more than doubled in five years. And it may be even better if we included smaller funds.

The bad news is that the industry isn't close to parity, even in terms of new hires. We identified around 697 more decision-makers than we did five years ago, with women representing just 24.5% of the increase — in an era when many VC firms talk a big game about the value of gender diversification.

The bottom line is the same as last year's: Venture capital is doing better — but it's not doing well.

regular 4 post ff

infinite scroll 4 pff

test 5

shall had shall had shall hAd HAD. sdfsdf

content more

selected test 10 in From Site, test

111added test 9

added external seo phrase

added news internal link to seo phrase

Humans are capable of great kindness and compassion, and there are countless examples of individuals who have made a positive impact on the world through their selflessness and generosity.

One such example is Mother Teresa, who devoted her life to serving the poor and sick in the slums of Calcutta. Through her tireless work and unwavering dedication, she touched the lives of countless people and became a symbol of compassion and selflessness.

Another example is Malala Yousafzai, a young woman from Pakistan who has become a powerful advocate for education and the rights of girls. Despite facing threats and violence, she has continued to speak out and fight for change, inspiring others to do the same.

These are just a few examples of the many good humans who have made a difference in the world. They remind us that one person can make a difference and inspire others to do the same.

It's also important to note that acts of kindness and compassion don't have to be on a grand scale to make a difference. Small acts of kindness, like holding the door open for someone or offering a word of encouragement, can have a big impact on the people around us.

In conclusion, humans are capable of great compassion and kindness, and there are many individuals who have made a positive impact on the world through their selflessness and generosity. They remind us of the power of one person to make a difference and inspire others to do the same. Let's all strive to be good humans, and make our world a better place.



Get Goodhumans in your inbox

Most Read

More Stories