The Wall Street Journal featured Anu Duggal, founder of the company Female Founders Fund, who states women-led start-ups have been underfunded. Her company sheds light on an issue where woman have been undermined in a male dominated field. She gives women with ideas, the opportunity to successfully start up their company by investing $50,000-$150,000 at a time.
Anu Duggal – Founder of “Female Founders Fund”
I think this is a great investment foundation to give women more opportunity to excel in this field. There is a huge discrepancy between the gender gap in this particular job field and it is important that women get the same recognition as men. Anu Duggal, an investor in the company, provides structure in the investments and future connections for upcoming entrepreneurs. There already has been great improvement in the number of women-led start-ups in the last 10 years, jumping from 4% to 13%. As a woman trying to work her way into this field, I think it is important to give us the chance to showcase interesting and innovative ideas despite our gender. With foundations such as F Cubed, our goals become more attainable.
I came across a few interesting statistics that show that women have been undermined especially in the work force. According to an article by the Wall Street Journal, women make on average 23% less than males with the same job. Equally important, only 11% of venture investors are women; which means they are completely overshadowed by men.
Here is a video showcasing the many women that F Cubed have funded.
