Women, Unicorns and Entrepreneurs

Today is our compilation of some wonderful articles we read over the past week.

Women and Money

• Control the $: In this article about Philanthropy, we discover that women now control more than 50% of the wealth in the USA. A number that is bound to increase.

• Get less $ from successful ventures: Here, we learn that ventures lead by women and backed by VCs showed an exit rate 37 percent lower than that of startups led by men. The article points to a research from Sahil Raina who hinted that a lack of women partners in the VC world is partially to blame for that disparity. As a matter of fact, Angie Chang tells us that only 11% of investment partners at VC funds and 15% of angel investors are women

•  Odds are stacked against women on 'Shark Tank'

• Women behave differently than men when the market is unstable

Unicorns

• Population: 229; Valuation: $1.3T; Got $175b in funding.

• From innovation, Americans build a disruptive business, Chinese follow with enthusiasm and Europeans regulate. Hence the 101 unicorns in California alone. No surprise as, according to E&Y, VC investment in the San Francisco Bay Area alone tops $24.7b while Europe is only at $10b.

Entrepreneurs

• Be resilient: The #1 trait of startup founders” by @writerpollock - and per @sethgodin, a highly valuable skill. The team @ecairn agrees wholeheartedly.

• Be reasonably patient: @lilbovness and @andrewparkertalk about five years in the making overnight successes.

• Out of the ~2000 startups from the top USA incubators we analyzed, about 15% have now more than 20 employees.