Meet five women who are committed to helping other women achieve success.
The statistics are terrible. In 2022, less than 2 percent of venture capital funding went to women and less than 1 percent to women of color. There are two parts to this. Venture capitalists are predominately male — women represent only 9 percent of venture capitalists and 8 percent of firm partners.
I made my first personal investment in 2000 in Tell Me Networks, which was sold to Microsoft for $900 million. Since then, I’ve done 76 deals in companies running the gamut from consumer to tech. After I sold my company to QVC, I formalized all of this in a fund. As a woman and a woman of color, I lived the statistics about raising money and as an entrepreneur, I experienced the challenges of building a company.
My platform started out with me doing a lot of peer tutorials and educational styling videos to educate my community on how to take care of their natural-texture hair, and then quickly became a resource for entrepreneurs to understand what it takes to grow and scale their businesses. Our new campaign focuses on the power of sharing sisterhood. We have to operate from a spirit of abundance, not a lack, meaning there is more than enough room for everyone at the table.
The way I give back is by remembering that I only got to where I am because someone helped me, and it is my responsibility to lift others and make things better for them. I don’t want the women coming behind me to experience the things I did. I mentor brand founders, do private investing in start-ups, and I focus on broader social impact through Tatcha’s Beautiful Faces, Beautiful Futures, where we invest in girls’ education internationally. Thus far we have funded 8.
Today, I believe three out of the top five skin care brands at Sephora are being led by Asian women. When diverse people are given a fair shot in leadership roles, not only can they prove there is more than one model for success, but they’re better able to reflect the diverse needs of the clients and employees who we exist to serve.My mentorship program started shortly after the pandemic and the Black Lives Matter moment.
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