The Gender Gap in VC Funding Is Even Worse for These Women
- Female businesses that cater to women get most of the funding
- “Deep-tech” startups face more bias and sexism, study finds
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When Daniela Perdomo went out this year to raise another round of funding for GoTenna, her mobile communications startup, an investor told her that he assumed the chief executive officer of a tech company would look more like Reid Hoffman. Then, he offered to introduce her to some female venture capitalists. “He said, ‘I think they would really understand you,’” she says.
Other investors—all men—questioned Perdomo’s expertise running a “deep-tech” company, she says. Some wondered if her product, which already has over 200 institutional customers, actually worked. Eventually, Perdomo raised $24 million.