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Women not accessing venture capital, despite better business performance.
cobismith
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1
5-16-2007 10:27 AM
363 views
tags:
women
,
business
,
entrepreneurship
,
venture capital
,
gender
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b9d93a7b-34c8-43fe-8371-0e2db45ee240/DC49DBDF-3AFB-4374-96D3-544FE8524D68/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.enterprising-women.org/show.php?page=2338" href="http://www.enterprising-women.org/show.php?page=2338" style="font-size: 11px;">www.enterprising-women.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.enterprising-women.org/show.php?page=2338"><P>Their data showed that companies run by women chief executives delivered higher revenues using less capital.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.enterprising-women.org/show.php?page=2338"><P>“The average company run by a woman had annual revenues of €12.5m last year compared to €11m for those run by men. Extraordinarily, this was achieved using an average of just €9m of committed capital compared to more than €14m in companies run by men,” the service said.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.enterprising-women.org/show.php?page=2338"><P class="intro">Only five per cent of companies backed by venture capitalists are run by women, according to Library House, a private company monitoring service.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.enterprising-women.org/show.php?page=2338"><P><IMG width="200" vspace="15" hspace="15" height="200" align="right" alt="" src="http://www.enterprising-women.org/images/pages/2338/money_woman.jpg" />However those companies run by women appear to perform better than those run by men, leading Library House to conclude there is "no rational explanation for female entrepreneurs not leading companies”.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.enterprising-women.org/show.php?page=2338"><P>“It is surprising to see such a lack of women in senior positions. If women are delivering such good results why are there so few in top positions around Europe?” asked Doug Richard, chairman of Library House.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DC49DBDF-3AFB-4374-96D3-544FE8524D68/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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