There were more than 1,000 IPOs on the U.S. stock market in 2021. Among those companies, only seven were female-led, said Jessica Alba, who took the business she cofounded, The Honest Company, public in May of last year.
“All the women that I speak to and that have helped me, they all have families,” she said. “So, it’s not like, ‘Oh, when you have a baby, you don’t want to work anymore.’ That’s fake news.”
“When I really understood the lack of oversight on industries that make products, having to think through the human health aspect and having to think about the impact on the planet, and also the third thing, which is really standing for fairness when it comes to equity, diversity and inclusion, when I just really understood the world around me and had that context, I then knew that there needed to be somebody to show that it can be done,” she said of launching the company.
Mary Dillon, Diane von Furstenberg, Tory Burch, Arianna Huffington and Sheryl Sandberg are some of the women she’s turned to for advice through the years. “The more we can make information accessible, that people know and feel empowered that they can make an impact, make a difference, I think then they will,” she said. “They will vote in the politicians that stand for their ethics and values, and they’ll root out the corrupt systems that are keeping us living like this.…We employ those people. We put them in those positions. If we wanted to change, we just have to decide.
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