The secret of pitching to male VCs: Female crypto founders blast off

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The secret of pitching to male VCs: Female crypto founders blast off
United States Latest News,United States Headlines
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Helping female crypto founders to succeed in a male dominated industry is good for everyone and makes the sector better and stronger. Featuring Bridget_TBP amber_ghaddar ThessyMehrain HelenaGagern gracew09 SolvoFinance salsadotme

Bridget Greenwood is the founder of The Bigger Pie, a U.K.-based networking organization that supports women in blockchain globally. She says that even venture capitalists with the best intentions still end up funding male founders at disproportionate rates.

According to data from Pitchbook, the trend is international. Last year in the United States, startups with all-women teamsjust 1.9`%, or around $4.5 billion, of the $238.3 billion in allocated venture capital. The 2022 figure was down from the 2.4% achieved the year before. Greenwood and Ghaddar embarked on a three-month research journey, during which they spoke with academics, investors and VCs. Ghaddar had already successfully raised money for her company, AllianceBlock, so she personally knew some of the struggles.

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