Data-driven VC #26: The impact of gender inequality in startups
š Insights from the data - Technical University of Munich
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Following my āPatterns of successful startupsā post last year, 67% of you asked for dedicated episodes diving into the most interesting āInsights from the dataā about startups, their founding teams and their investors. So here we go. Every piece will have a very specific focus, short and with clear takeaways. To kick off this series, we're diving into the diversity gap and its implications for the startup ecosystem. One of the most pressing problems in our industry.
Iām happy to have Professor Isabell Welpe and her PhD candidate Nadja Born from the Chair of Strategy and Organization at the Technical University of Munich (go TUMš) contribute this valuable guest post. Similar to Professor Dries Faems from WHU, who thankfully contributed last weekās guest episode āA blueprint to map entrepreneurial organizationsā, Isabell and her team leverage data-driven approaches to analyze the future of work and organizational design within startups, among others.
Thank you, Isabell and Nadja, for sharing your important learnings about the impact of gender inequality in startups in your guest post below šš»
What the data reveals?
Despite the fact that women make up more than half of the world's population, they continue to be significantly underrepresented in entrepreneurship, where starting a new venture has long been dominated by men. Our analyses show that 86% of German startups are founded by all-male teams or solo male founders, while solo female founders or all-female founding teams remain the exception.