Thanks to the pioneering effort of Golden Seeds more women are becoming angel investors and limited partners in venture funds that invest in female-founded startups.
households in America in 2020. Only a minuscule percentage of accredited investors are female angel investors or limited partners in venture capital funds. So there's plenty of room for Golden Seeds and the other angel groups that cater to women to grow.
Corkran's ex-husband, an entrepreneur, constantly had people coming to him and asking him to invest in their early-stage business and give them advice. She was a senior manager at a large investment bank."Not once did somebody ever come to me and ask me if I wanted to put money in their business," she said. Fortunately, she met Newby at an ex-Wall Street women's lunch and was invited to a Golden Seeds meeting.
Over the 18 years Golden Seeds has been investing in female founders; they have seen a change in the investors joining. Women not only now have the capital to invest, but they also have the interest, skills, and connections to support early-stage female founders. Very few members inherited their wealth, and most of their members have made their fortunes.
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